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MGE Energy: Bollinger Bands Narrowing, Bearish Marubozu on 15min Chart
ByAinvest
Monday, Nov 17, 2025 11:35 am ET1min read
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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