(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 2024-03-01 View latest technical analysis
10 day averaged volume of Mge Energy is 149510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 63.19 | 63.21 | 63.52 | 61.94 | 1.243 times |
| 29 Thu Feb 2024 | 63.19 | 64.01 | 64.13 | 62.97 | 1.042 times |
| 28 Wed Feb 2024 | 63.64 | 63.26 | 64.17 | 62.88 | 0.994 times |
| 27 Tue Feb 2024 | 63.68 | 63.46 | 64.00 | 63.11 | 0.827 times |
| 26 Mon Feb 2024 | 63.23 | 64.17 | 64.17 | 62.89 | 1.058 times |
| 23 Fri Feb 2024 | 64.49 | 64.46 | 64.87 | 64.37 | 0.777 times |
| 22 Thu Feb 2024 | 64.46 | 64.92 | 65.35 | 63.71 | 1.002 times |
| 21 Wed Feb 2024 | 65.58 | 65.48 | 66.00 | 65.27 | 1.082 times |
| 20 Tue Feb 2024 | 65.00 | 64.72 | 66.46 | 64.72 | 1.279 times |
| 16 Fri Feb 2024 | 65.30 | 65.73 | 66.03 | 65.15 | 1.108 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.3, but if it comes above 63.3, then a intra day buy could be more profitable.
If you take a sell trade below 63.3, then use 63.3 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 63.3 as stoploss and 64.34 as target.
Share price targets for Mge Energy (MGEE)
| Target Type | Value |
| Downside Target | 61.94 |
| Upside Target | 63.52 |
| Upside Target | 66.23 |
| Upside Target | 66.46 |
| Upside Target | 66.64 |
| Upside Target | 69.86 |
| Upside Target | 70.97 |
| 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 | 62.03 |
| Downside Intraday Target | 60.87 |
| Upside Intraday Target | 64.26 |
| Upside Intraday Target | 65.33 |
| Downside Intraday Target | 63.1 |
Weekly technical analysis of Mge Energy (MGEE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 63.19 | 64.17 | 64.17 | 61.94 | 1.248 times |
| 23 Fri Feb 2024 | 64.49 | 64.72 | 66.46 | 63.71 | 0.804 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 |
Price has moved down 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 |
| 01 Fri Mar 2024 | 63.19 | 63.21 | 63.52 | 61.94 | 0.057 times |
| 29 Thu Feb 2024 | 63.19 | 64.51 | 66.46 | 62.09 | 0.916 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mge Energy ( (MGEE) ) based on a short 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.
Price action analysis of Mge Energy ( (MGEE) ) based on a short to mid 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.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mge Energy in short term but the buy signal is initial and weak.
Mge Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mge Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 64.19 and Mge Energy (MGEE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mge Energy ( (MGEE) ) based on a short 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.
Price action analysis of Mge Energy ( (MGEE) ) based on a short to mid 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.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Mge Energy in short term but the buy signal is initial and weak.
Mge Energy Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mge Energy in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 64.19 and Mge Energy (MGEE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.