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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

MGE Energy Inc. (NASDAQ:MGEE)

Long-Term Uptrend (+90) - MGEE is in a strong uptrend that is likely to continue. While MGEE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MGEE?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGEE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGEE
Open High Low MGEE Price Change
86.900 87.477 86.280 86.310 +0.300
Entry Signal

MarketClub’s Trade Triangles for MGEE

long term up The long-term trend has been UP since Jul 16th, 2024 at 82.515

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 77.550

short term up The short-term trend has been UP since Jul 25th, 2024 at 85.680

Smart Scan Analysis for MGEE

Based on our trend formula, MGEE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MGEE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
86.900 87.477 86.280 86.310 +0.300
Prev. Close Volume Bid Ask Time
86.010 104646 2024-07-26 15:59:53
Year High68.05Year High Date2018-09-18
Year Low51.05Year Low Date2018-03-05
52wk High87.3752wk High Date2024-07-25
52wk Low61.9452wk Low Date2024-03-01
Year End Close50.95Average Volume145,974
Shares Outstanding36,176Short Interest661,588
% Institutional30.6Market Cap2,596M
Assets267,407,600MLiabilities151,529,300M
P/E Ratio25.9066Beta0.39
Volatility20.26
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