MGE Energy's 15min chart triggers Bollinger Bands expanding downward, bearish marubozu signal.
ByAinvest
Thursday, Dec 4, 2025 1:02 pm ET1min read
MGEE--
According to MGE Energy's 15-minute chart, the Bollinger Bands have recently expanded downward, and a bearish Marubozu candlestick pattern was observed on December 4, 2023, at 1:00 PM. This indicates that the market trend is currently being driven by selling pressure, suggesting that bears are in control of the market. Furthermore, the continuation of this bearish momentum is likely.
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