MGE Energy: Bollinger Bands Narrowing, Bearish Marubozu on 15min Chart

lunes, 17 de noviembre de 2025, 11:35 am ET1 min de lectura
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The 15-minute chart for MGE Energy exhibited a narrowing of Bollinger Bands and a bearish Marubozu formation on November 17, 2025 at 11:30. This indicates a decrease in the magnitude of stock price fluctuations, which suggests that sellers are currently dominating the market. Consequently, it is likely that bearish momentum will persist.

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