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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 2024-09-19 View latest technical analysis

10 day averaged volume of Mge Energy is 85830

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	90.70	91.57	91.68	89.93	1.067 times
18 Wed Sep 2024	90.83	91.19	92.28	90.54	1.01 times
17 Tue Sep 2024	91.58	92.25	93.15	91.43	1.102 times
16 Mon Sep 2024	91.78	90.98	92.06	89.53	0.844 times
13 Fri Sep 2024	90.60	88.92	90.77	88.33	1.078 times
12 Thu Sep 2024	88.00	87.65	88.43	87.19	0.751 times
11 Wed Sep 2024	87.29	87.44	87.98	86.42	1.276 times
10 Tue Sep 2024	87.83	87.05	88.31	85.60	1.181 times
09 Mon Sep 2024	86.68	86.43	86.74	85.33	1.011 times
06 Fri Sep 2024	86.40	87.20	87.26	86.10	0.847 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.8, but if it comes below 89.8, then a intra day sell could be more profitable.
If you take a sell trade below 89.8, then use 89.8 as stoploss and 87.89 as target. However if you take a buy trade in stock , then use 89.8 as stoploss and 92.2 as target.

Share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Target	72.27
Downside Target	74.21
Downside Target	76.45
Downside Target	80.39
Downside Target	82.52
Downside Target	85.33
Downside Target	88.73
Downside Target	89.19
Downside Target	89.53
Downside Target	90.00
Upside Target	90.77
Upside Target	93.15

Intraday share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Intraday Target	89.1
Downside Intraday Target	87.51
Upside Intraday Target	92.72
Upside Intraday Target	94.75
Upside Intraday Target	91.13

Weekly technical analysis of Mge Energy (MGEE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	90.70	90.98	93.15	89.53	0.759 times
13 Fri Sep 2024	90.60	86.43	90.77	85.33	1.512 times
06 Fri Sep 2024	86.40	86.20	87.75	85.58	4.207 times
30 Fri Aug 2024	86.71	86.60	86.85	85.82	0.192 times
30 Fri Aug 2024	86.71	87.58	88.73	85.49	0.755 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
19 Thu Sep 2024	90.70	86.20	93.15	85.33	0.483 times
30 Fri Aug 2024	86.71	87.44	90.00	82.90	0.772 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

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 losing momentum.

MACD generated a BUY signal for Mge Energy in short term and the buy signal is strong.

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

Mge Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mge Energy in short term but SELL signal is weak.

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 89.17 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 rising upwards.

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 is giving positive 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.