We assign a technical rating of 0 out of 10 to MGEE. MGEE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MGEE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
77.34
We found 1 important resistance area.
- A resistance zone ranging from 80.91 to 88.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MGEE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGEE is down. |
| ChartMill Relative Strength | 19.68 | NEGATIVE | MGEE has a low relative strength, it was outperformed by 80.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGEE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGEE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGEE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.3 | NEUTRAL | The RSI value for MGEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests MGEE has a negative trend. |
| Stochastics (14,3) | 11.21 | OVERSOLD | The low Stochastics value suggests MGEE may be oversold. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MGEE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.56 | NEGATIVE | The low ADX value for MGEE suggests a weak or negative trend. |
NASDAQ:MGEE (12/8/2025, 2:04:37 PM)
78.12
-0.54 (-0.69%)
MGE ENERGY INC / MGEE FAQ
Can you provide the ChartMill technical rating for MGE ENERGY INC?
ChartMill assigns a technical rating of 0 / 10 to MGEE.
What is the current trend direction of MGE ENERGY INC (MGEE) stock?
The current trend direction for MGE ENERGY INC (MGEE) is Bearish.
Can you provide the RSI signal for MGE ENERGY INC?
MGE ENERGY INC (MGEE) has an RSI value of 32.2993. This indicates that the stock is currently neutral.
What is the short term momentum for MGE ENERGY INC (MGEE) stock?
The short term momentum for MGE ENERGY INC (MGEE) is negative.
What is the buy/sell signal for MGEE stock?
The buy/sell signal for MGE ENERGY INC (MGEE) is sell as both the short term and long term trends are negative.