Technical Analysis for MGEE - MGE Energy Inc.

Grade Last Price % Change Price Change
C 103.46 -1.24% -1.30
MGEE closed up 0.59 percent on Monday, November 25, 2024, on 1.88 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish -1.24%
Pocket Pivot Bullish Swing Setup -1.24%
Doji - Bearish? Reversal -1.24%
Up 3 Days in a Row Strength -1.24%
Pocket Pivot Bullish Swing Setup -0.66%
Gapped Up Strength -0.66%
NR7 Range Contraction -0.41%
NR7-2 Range Contraction -0.41%
Inside Day Range Contraction -0.41%
NR7 Range Contraction -1.03%

   Recent Intraday Alerts

Alert Time
Shooting Star Candlestick Entry about 5 hours ago
Fell Below Previous Day's Low about 5 hours ago
Down 1% about 5 hours ago
Up 2% 1 day ago
Up 1 ATR 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 109.22
52 Week Low 61.0167
Average Volume 103,595
200-Day Moving Average 82.43
50-Day Moving Average 94.61
20-Day Moving Average 99.68
10-Day Moving Average 105.20
Average True Range 2.37
RSI (14) 67.95
ADX 40.0
+DI 37.37
-DI 12.27
Chandelier Exit (Long, 3 ATRs) 102.12
Chandelier Exit (Short, 3 ATRs) 94.50
Upper Bollinger Bands 113.53
Lower Bollinger Band 85.83
Percent B (%b) 0.68
BandWidth 27.79
MACD Line 3.52
MACD Signal Line 3.47
MACD Histogram 0.0418
Fundamentals Value
Market Cap 3.79 Billion
Num Shares 36.2 Million
EPS 3.28
Price-to-Earnings (P/E) Ratio 31.94
Price-to-Sales 3.38
Price-to-Book 2.08
PEG Ratio 0.00
Dividend 1.65
Dividend Yield 1.58%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 108.88
Resistance 3 (R3) 109.09 107.92 108.19
Resistance 2 (R2) 107.92 106.87 107.82 107.96
Resistance 1 (R1) 106.34 106.22 107.13 106.13 107.73
Pivot Point 105.17 105.17 105.57 105.07 105.17
Support 1 (S1) 103.59 104.12 104.38 103.38 101.77
Support 2 (S2) 102.42 103.47 102.32 101.54
Support 3 (S3) 100.84 102.42 101.31
Support 4 (S4) 100.63