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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 2024-10-09 View latest technical analysis

10 day averaged volume of Mge Energy is 78180

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	90.02	88.59	91.03	88.21	1.227 times
08 Tue Oct 2024	88.92	89.72	89.90	88.61	1.507 times
07 Mon Oct 2024	89.34	90.50	90.50	88.88	0.785 times
04 Fri Oct 2024	90.95	90.82	91.22	89.98	0.856 times
03 Thu Oct 2024	91.06	91.34	91.87	90.85	0.769 times
02 Wed Oct 2024	91.24	91.42	92.22	90.85	0.67 times
01 Tue Oct 2024	91.83	91.47	92.10	90.87	1 times
30 Mon Sep 2024	91.45	90.67	91.76	90.43	0.982 times
27 Fri Sep 2024	91.03	90.63	91.50	90.63	1.206 times
26 Thu Sep 2024	90.06	90.77	90.87	89.69	1.003 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 89.7 as stoploss in an intra day buy trade for a target of 90.79. However, stock will show a bearish move below 89.7.

Share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Target	72.27
Downside Target	74.21
Downside Target	80.39
Downside Target	82.90
Downside Target	85.33
Downside Target	88.21
Upside Target	90.77
Upside Target	91.03
Upside Target	92.22
Upside Target	92.68
Upside Target	93.15

Intraday share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Intraday Target	88.48
Downside Intraday Target	86.93
Upside Intraday Target	91.3
Upside Intraday Target	92.57
Downside Intraday Target	89.75

Weekly technical analysis of Mge Energy (MGEE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	90.02	90.50	91.03	88.21	0.823 times
04 Fri Oct 2024	90.95	90.67	92.22	89.98	0.734 times
27 Fri Sep 2024	91.03	92.04	92.68	89.69	0.496 times
20 Fri Sep 2024	91.47	90.98	93.15	89.53	2.021 times
13 Fri Sep 2024	90.60	86.43	90.77	85.33	1.512 times

Price has moved down 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
09 Wed Oct 2024	90.02	91.47	92.22	88.21	0.241 times
30 Mon Sep 2024	91.45	86.20	93.15	85.33	0.968 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

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 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 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 Weak and stock is losing momentum.

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

Mge Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 90.49 and Mge Energy (MGEE) stock is trading below this level. This means that stock is falling with high volumes. 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.