MGE Energy (MGEE) Technical Analysis: Signals, Charts & Indicators

2.33 / 10

Underperform

Technical evaluation scores 2.33/10, indicating a weak structure. Recent indicators show four bearish patterns—MACD Death Cross, MACD Golden Cross, Hanging Man, Long Lower Shadow—and only one neutral Marubozu White. The dominance of bearish signals points to further downside risk.

Analysis Checks(0/5)

Long Lower Shadow

Score1.56/10

Win Rate33.33%

Hist. Signals3

Avg Return0.32%

MACD Death Cross

Score4.12/10

Win Rate53.85%

Hist. Signals13

Avg Return-0.04%

MACD Golden Cross

Score1/10

Win Rate16.67%

Hist. Signals12

Avg Return-1.07%

Marubozu White

Score3.95/10

Win Rate53.33%

Hist. Signals15

Avg Return-0.09%

Hanging Man

Score1/10

Win Rate0.00%

Hist. Signals1

Avg Return-1.16%

Technical Analysis of MGEE?

MGEE presents a Underperform setup with a Technical Score of 2.33/10. Key technical indicators highlight an RSI of 56.08 and a MACD of 1.03, with the trend anchored by the 50-Day SMA at 78.68. Traders should monitor key support at 76.68 and resistance at 78.56.