Trend Table for MGEE - MGE Energy Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 4	B	Weak or Absent	Up	Up	Up	24.18%
Dec 1	C	Weak or Absent	Flat	Up	Flat	24.73%
Nov 30	D	Weak or Absent	Flat	Up	Flat	25.63%
Nov 29	D	Weak or Absent	Down	Up	Down	25.88%
Nov 28	B	Weak or Absent	Up	Up	Up	24.23%
Nov 27	B	Weak or Absent	Up	Up	Up	24.20%
Nov 24	B	Weak or Absent	Flat	Up	Up	25.12%
Nov 22	B	Weak or Absent	Flat	Up	Up	25.12%
Nov 21	C	Weak or Absent	Down	Up	Up	26.05%
Nov 20	C	Weak or Absent	Down	Up	Up	26.67%