Trend Table for MGEE - MGE Energy Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	F	Weak or Absent	Down	Down	Down	32.88%
Jan 17	F	Weak or Absent	Down	Down	Down	31.24%
Jan 16	F	Weak or Absent	Down	Down	Down	32.33%
Jan 12	F	Weak or Absent	Down	Down	Down	30.06%
Jan 11	F	Weak or Absent	Down	Down	Down	31.37%
Jan 10	F	Weak or Absent	Down	Down	Down	29.28%
Jan 9	F	Weak or Absent	Down	Down	Down	28.90%
Jan 8	F	Weak or Absent	Down	Down	Flat	28.40%
Jan 5	F	Weak or Absent	Down	Down	Down	29.28%
Jan 4	F	Weak or Absent	Down	Down	Flat	28.35%