Technical Analysis for MGEE - MGE Energy Inc.

Grade Last Price % Change Price Change
B 79.72 -0.72% -0.58
MGEE closed down 0.72 percent on Tuesday, May 7, 2024, on 32 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
NR7 Range Contraction -0.72%
Narrow Range Bar Range Contraction -0.72%
Multiple of Ten Bullish Other -0.72%
Inside Day Range Contraction -0.72%
Overbought Stochastic Strength -0.72%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 8 hours ago
Outside Day about 8 hours ago
Fell Below Previous Day's Low about 8 hours ago
Rose Above Previous Day's High about 9 hours ago
Possible NR7 1 day ago

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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 82.375
52 Week Low 61.6729
Average Volume 474,828
200-Day Moving Average 72.41
50-Day Moving Average 76.41
20-Day Moving Average 77.53
10-Day Moving Average 79.13
Average True Range 1.68
RSI (14) 60.00
ADX 15.01
+DI 23.62
-DI 17.87
Chandelier Exit (Long, 3 ATRs) 75.95
Chandelier Exit (Short, 3 ATRs) 78.66
Upper Bollinger Bands 81.42
Lower Bollinger Band 73.65
Percent B (%b) 0.78
BandWidth 10.02
MACD Line 1.12
MACD Signal Line 0.97
MACD Histogram 0.1423
Fundamentals Value
Market Cap 2.88 Billion
Num Shares 36.2 Million
EPS 3.28
Price-to-Earnings (P/E) Ratio 24.30
Price-to-Sales 3.38
Price-to-Book 2.08
PEG Ratio 0.00
Dividend 1.65
Dividend Yield 2.07%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 81.87
Resistance 3 (R3) 82.05 81.53 81.51
Resistance 2 (R2) 81.53 80.98 81.43 81.39
Resistance 1 (R1) 80.62 80.64 80.36 80.44 81.27
Pivot Point 80.10 80.10 79.97 80.00 80.10
Support 1 (S1) 79.19 79.55 78.93 79.01 78.17
Support 2 (S2) 78.67 79.21 78.57 78.05
Support 3 (S3) 77.76 78.67 77.93
Support 4 (S4) 77.58