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MGE Energy's 15min chart exhibits Bollinger Bands narrowing, bearish Marubozu pattern.
ByAinvest
Friday, Nov 7, 2025 2:17 pm ET1min read
MGE Energy's 15-minute chart recently exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern on November 7, 2023 at 2:15 PM. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers currently dominate the market. Furthermore, this bearish momentum is likely to persist.
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