Trend Table for MGEE - MGE Energy Inc.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 21	B	Weak or Absent	Down	Up	Flat	30.28%
Dec 20	B	Weak or Absent	Down	Up	Down	31.26%
Dec 19	B	Weak or Absent	Down	Up	Down	31.87%
Dec 16	B	Weak or Absent	Down	Up	Flat	30.31%
Dec 15	B	Weak or Absent	Down	Up	Flat	30.61%
Dec 14	B	Weak or Absent	Down	Up	Up	29.37%
Dec 13	C	Weak or Absent	Down	Up	Up	28.04%
Dec 12	B	Weak or Absent	Down	Up	Up	28.79%
Dec 9	C	Weak or Absent	Down	Up	Flat	31.29%
Dec 8	C	Weak or Absent	Down	Up	Flat	31.15%