Technical Analysis for MGEE - MGE Energy Inc.

Grade Last Price % Change Price Change
D 74.82 0.81% 0.60
MGEE closed up 0.81 percent on Wednesday, July 3, 2024, on 60 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
NR7 Range Contraction 0.81%
Inside Day Range Contraction 0.81%
Oversold Stochastic Weakness 0.81%

   Recent Intraday Alerts

Alert Time
Up 1% about 11 hours ago
Reversed from Down about 11 hours ago
200 DMA Support about 11 hours ago
Lower Bollinger Band Support about 11 hours ago
Rose Above Previous Day's High about 11 hours ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

MGE Energy Inc. Description

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in Wisconsin. The company's Regulated Electric Utility Operations segment engages in generating, purchasing, and distributing electricity. Its Regulated Gas Utility Operations segment is involved in purchasing and distributing natural gas. The company's Nonregulated Energy Operations segment engages in constructing, owning, and leasing electric generating capacity. Its Transmission Investments segment invests in American Transmission Company LLC, which provides electric transmission services primarily in Wisconsin. The company generates electricity from coal, natural gas, fuel oil, and wind, as well as purchases power under short and long-term commitments. It owns gas fired combustion turbines that have a total of 155 megawatt (MW) net summer rated capacity; 30 MW consisting of 18 turbines in a wind-powered electric generating facility; and 11 MW consisting of 17 turbines in a wind-powered electric generating facility. The company primarily serves residential, commercial, and industrial customers, as well as public authorities, other utilities, and power marketers. As of December 31, 2012, it supplied electricity to approximately 140,000 customers in the cities of Fitchburg, Madison, Middleton, and Monona; and natural gas to approximately 145,000 customers in the cities of Elroy, Fitchburg, Lodi, Madison, Middleton, Monona, Prairie du Chien, Verona, and Viroqua. MGE Energy, Inc. was founded in 1855 and is based in Madison, Wisconsin.


Classification

Sector: Utilities
Industry: Utilities - Diversified
Keywords: Natural Gas Electricity Electric Utility Turbines Fuel Oil Combustion Transmission Services Public Utility Gas Utility Energy Operations Fitchburg Madison Gas And Electric Gas Fired Combustion Power Marketers

Is MGEE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 82.0636
52 Week Low 61.3355
Average Volume 160,673
200-Day Moving Average 72.75
50-Day Moving Average 77.97
20-Day Moving Average 76.00
10-Day Moving Average 75.20
Average True Range 1.70
RSI (14) 41.18
ADX 21.65
+DI 8.81
-DI 24.18
Chandelier Exit (Long, 3 ATRs) 74.90
Chandelier Exit (Short, 3 ATRs) 77.37
Upper Bollinger Bands 78.37
Lower Bollinger Band 73.63
Percent B (%b) 0.25
BandWidth 6.24
MACD Line -0.98
MACD Signal Line -0.84
MACD Histogram -0.1381
Fundamentals Value
Market Cap 2.71 Billion
Num Shares 36.2 Million
EPS 3.28
Price-to-Earnings (P/E) Ratio 22.81
Price-to-Sales 3.38
Price-to-Book 2.08
PEG Ratio 0.00
Dividend 1.65
Dividend Yield 2.21%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 79.05
Resistance 3 (R3) 78.67 76.88 78.35
Resistance 2 (R2) 76.88 75.80 77.07 78.11
Resistance 1 (R1) 75.85 75.14 76.37 76.23 77.88
Pivot Point 74.06 74.06 74.32 74.25 74.06
Support 1 (S1) 73.03 72.98 73.54 73.41 71.76
Support 2 (S2) 71.24 72.32 71.43 71.53
Support 3 (S3) 70.21 71.24 71.29
Support 4 (S4) 70.59