MGE Energy's 15min chart shows Bollinger Bands Narrowing and Bearish Marubozu pattern.

Based on the 15-minute chart for MGE Energy, the recent trading activity has exhibited characteristics indicative of Bollinger Bands Narrowing and a Bearish Marubozu pattern on February 5th, 2023 at 15:00. This trend suggests a reduction in the magnitude of stock price fluctuations, signifying a period of heightened volatility. Furthermore, the presence of bearish momentum and the dominance of sellers in the market point towards a continuation of bearish sentiment in the near future.