(MGEE) Mge Energy complete technical analysis [charts+indicators] | Buy/Sell Mge Energy | (MGEE) share price targets
Complete technical analysis of Mge Energy (MGEE) by charts plus indicators, forecast predictions and share price targets for Mge Energy (MGEE)
Mge Energy trades in USA in Energy sector.
Showing technical analysis as on 2024-02-21 View latest technical analysis
10 day averaged volume of Mge Energy is 172240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.58 | 65.48 | 66.00 | 65.27 | 0.939 times |
| 20 Tue Feb 2024 | 65.00 | 64.72 | 66.46 | 64.72 | 1.11 times |
| 16 Fri Feb 2024 | 65.30 | 65.73 | 66.03 | 65.15 | 0.961 times |
| 15 Thu Feb 2024 | 65.73 | 64.82 | 65.95 | 64.82 | 0.722 times |
| 14 Wed Feb 2024 | 64.75 | 64.72 | 64.81 | 64.11 | 0.726 times |
| 13 Tue Feb 2024 | 64.25 | 65.15 | 65.54 | 64.05 | 1.158 times |
| 12 Mon Feb 2024 | 66.09 | 65.42 | 66.23 | 64.96 | 0.903 times |
| 09 Fri Feb 2024 | 65.42 | 64.24 | 65.43 | 64.24 | 0.959 times |
| 08 Thu Feb 2024 | 64.59 | 64.31 | 64.64 | 63.70 | 0.834 times |
| 07 Wed Feb 2024 | 64.30 | 63.50 | 64.62 | 63.02 | 1.055 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 66 as stoploss in an intra day sell trade for a target of 65. However, stock will show a bullish move above 66.
Share price targets for Mge Energy (MGEE)
| Target Type | Value |
| Downside Target | 62.09 |
| Downside Target | 63.69 |
| Upside Target | 66.46 |
| Upside Target | 66.64 |
| Upside Target | 69.60 |
| Upside Target | 69.86 |
| Upside Target | 70.97 |
| Upside Target | 72.94 |
| Upside Target | 73.85 |
| Upside Target | 75.72 |
| Upside Target | 76.37 |
Intraday share price targets for Mge Energy (MGEE)
| Target Type | Value |
| Downside Intraday Target | 64.71 |
| Downside Intraday Target | 63.85 |
| Upside Intraday Target | 66.45 |
| Upside Intraday Target | 67.33 |
| Upside Intraday Target | 65.59 |
Weekly technical analysis of Mge Energy (MGEE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.58 | 64.72 | 66.46 | 64.72 | 0.458 times |
| 16 Fri Feb 2024 | 65.30 | 65.42 | 66.23 | 64.05 | 0.822 times |
| 09 Fri Feb 2024 | 65.42 | 63.57 | 65.43 | 62.09 | 0.972 times |
| 02 Fri Feb 2024 | 64.30 | 65.64 | 66.64 | 63.69 | 1.269 times |
| 26 Fri Jan 2024 | 65.64 | 69.28 | 69.60 | 65.59 | 1.087 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mge Energy (MGEE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Feb 2024 | 65.58 | 64.51 | 66.46 | 62.09 | 0.675 times |
| 31 Wed Jan 2024 | 64.49 | 71.81 | 73.85 | 64.35 | 0.684 times |
| 29 Fri Dec 2023 | 72.31 | 73.64 | 75.72 | 69.86 | 3.83 times |
| 30 Thu Nov 2023 | 73.75 | 71.39 | 76.37 | 70.97 | 0.78 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mge Energy (MGEE)
Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mge Energy ( (MGEE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mge Energy ( (MGEE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mge Energy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mge Energy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mge Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mge Energy in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mge Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.07 and Mge Energy (MGEE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mge Energy (MGEE) stock. Volume based technical analysis of Mge Energy (MGEE) stock is negative.
Mge Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mge Energy ( (MGEE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Mge Energy ( (MGEE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mge Energy ( (MGEE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mge Energy stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mge Energy in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mge Energy Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mge Energy in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mge Energy is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.07 and Mge Energy (MGEE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mge Energy (MGEE) stock. Volume based technical analysis of Mge Energy (MGEE) stock is negative.
Mge Energy Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.