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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 2024-10-16 View latest technical analysis

10 day averaged volume of Mge Energy is 80280

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	94.47	91.81	94.56	91.81	0.896 times
15 Tue Oct 2024	91.90	90.74	92.63	90.16	1.393 times
14 Mon Oct 2024	90.70	90.75	91.39	90.25	0.61 times
11 Fri Oct 2024	90.52	89.31	90.97	89.31	0.618 times
10 Thu Oct 2024	89.66	89.44	90.57	88.91	1.718 times
09 Wed Oct 2024	90.02	88.59	91.03	88.21	1.195 times
08 Tue Oct 2024	88.92	89.72	89.90	88.61	1.467 times
07 Mon Oct 2024	89.34	90.50	90.50	88.88	0.765 times
04 Fri Oct 2024	90.95	90.82	91.22	89.98	0.833 times
03 Thu Oct 2024	91.06	91.34	91.87	90.85	0.749 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 93.6, for a target of 92.2 or 91.01

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
Downside Target	91.03
Downside Target	92.22
Downside Target	92.68
Downside Target	93.15
Upside Target	94.56

Intraday share price targets for Mge Energy (MGEE)

Target Type	Value
Downside Intraday Target	91.57
Downside Intraday Target	88.66
Upside Intraday Target	95.97
Upside Intraday Target	97.46
Downside Intraday Target	93.06

Weekly technical analysis of Mge Energy (MGEE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	94.47	90.75	94.56	90.16	0.503 times
11 Fri Oct 2024	90.52	90.50	91.03	88.21	1.383 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

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 Wed Oct 2024	94.47	91.47	94.56	88.21	0.432 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 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 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 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 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 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

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 90.62 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.