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(MGEE) Mge Energy complete technical analysis [charts+indicators] | Buy/Sell Mge Energy | (MGEE) share price targets

Complete technical analysis of Mge Energy (MGEE) by charts plus indicators, forecast predictions and share price targets for Mge Energy (MGEE)

Mge Energy trades in USA in Energy sector.

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Mge Energy is 104167

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	87.21	85.85	87.52	85.40	1.509 times
15 Thu Aug 2024	85.85	85.62	86.24	84.63	1.002 times
14 Wed Aug 2024	85.10	84.76	85.31	84.44	0.925 times
13 Tue Aug 2024	84.96	84.74	85.17	83.33	1.049 times
12 Mon Aug 2024	84.05	85.32	85.32	83.60	0.633 times
09 Fri Aug 2024	84.85	84.47	85.03	82.91	0.862 times
08 Thu Aug 2024	84.52	85.19	85.29	82.90	0.959 times
07 Wed Aug 2024	84.82	86.07	87.22	84.38	1.021 times
06 Tue Aug 2024	85.31	85.03	86.54	85.03	0.924 times
05 Mon Aug 2024	84.93	86.98	87.88	84.83	1.115 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.2, but if it comes below 87.2, then a intra day sell could be more profitable.
If you take a sell trade below 87.2, then use 87.2 as stoploss and 85.77 as target. However if you take a buy trade in stock , then use 87.2 as stoploss and 89 as target.

Share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Target	72.27
Downside Target	76.45
Downside Target	79.38
Downside Target	82.52
Downside Target	85.60
Downside Target	86.20
Upside Target	87.48
Upside Target	87.52
Upside Target	87.88
Upside Target	89.19
Upside Target	90.00

Intraday share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Intraday Target	84.52
Downside Intraday Target	81.83
Upside Intraday Target	88.71
Upside Intraday Target	90.21
Downside Intraday Target	86.02

Weekly technical analysis of Mge Energy (MGEE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	87.21	85.32	87.52	83.33	1.049 times
09 Fri Aug 2024	84.85	86.98	87.88	82.90	0.742 times
02 Fri Aug 2024	88.39	86.57	90.00	85.60	0.994 times
26 Fri Jul 2024	86.46	83.87	87.48	82.76	0.93 times
19 Fri Jul 2024	83.96	79.72	86.20	79.38	1.234 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mge Energy (MGEE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	87.21	87.44	90.00	82.90	0.455 times
31 Wed Jul 2024	87.84	74.63	89.19	72.27	0.686 times
28 Fri Jun 2024	74.72	80.13	80.39	74.21	1.491 times
31 Fri May 2024	80.13	78.50	82.52	76.45	0.716 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mge Energy (MGEE)

Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mge Energy ( (MGEE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mge Energy ( (MGEE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mge Energy stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mge Energy in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mge Energy Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mge Energy in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mge Energy is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.31 and Mge Energy (MGEE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Mge Energy (MGEE) stock. Volume based technical analysis of Mge Energy (MGEE) stock is negative.

Mge Energy Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.