MGEE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

MGE Energy Inc (MGEE) Moving Averages Convergence Divergence (MACD) indicator is 0.224, suggesting MGEE is Neutral.

MGE Energy Inc (MGEE) 20-Day simple moving average is 80.966, while MGE Energy Inc (MGEE) share price is $79.85, making it Sell.

MGE Energy Inc (MGEE) 60-Day simple moving average is 79.798, while MGE Energy Inc (MGEE) share price is $79.85, making it Buy.

Technical Analysis for MGEE

Technical Sentiment Analysis for MGE Energy Inc (MGEE) As of 2026-03-06, MGE Energy Inc (MGEE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 6 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGEE stands at 45.505, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.224, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 35.119 and the Commodity Channel Index (CCI) at -107.014 further confirm a -1.05 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGEE is trading below its 60-day moving average of $79.798 and below its 200-day long-term moving average of $83.713. Key price levels to watch include the immediate resistance at $83.582 and strong support at $78.817. A break above $83.582 could signal a bull continuation, while falling below $78.817 may test the next Fibonacci floor at $76.256.

MGE Energy Inc (MGEE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	74.052	76.256	78.817	81.021	83.582	85.786	88.347
Fibonacci	76.256	78.076	79.201	81.021	82.841	83.966	85.786

MGE Energy Inc (MGEE) Technical Indicators

2026-03-06

Name	Value
RSI_14	45.505
STOCHk_14_3_3	35.119
STOCHd_14_3_3	46.013
CCI_20	-107.014
AO_5_34	0.151
MOM_10	-1.05
MACD_12_26_9	0.224

MGE Energy Inc (MGEE) Relative Strength Index (RSI) is 45.505, creating a Neutral signal.

MGE Energy Inc (MGEE) Stochastic Oscillator is 35.119, creating a Neutral signal.

MGE Energy Inc (MGEE) Stochastic RSI is 46.013, creating a Neutral signal.

MGE Energy Inc (MGEE) Commodity Channel Index (CCI) is -107.014, creating a Buy signal.

MGE Energy Inc (MGEE) Awesome Oscillator is 0.151, creating a Buy signal.

MGE Energy Inc (MGEE) Momentum is -1.05, creating a Sell signal.

MGE Energy Inc (MGEE) MACD is 0.224, creating a Buy signal.

MGE Energy Inc (MGEE) Moving Average

2026-03-06

Period	Simple	Signal
MA_5	80.756	Sell
MA_10	81.378	Sell
MA_20	80.966	Sell
MA_60	79.798	Buy
MA_200	83.713	Sell
MA_250	85.185	Sell

MGE Energy Inc (MGEE) 5-Day simple moving average is 80.756, while MGE Energy Inc (MGEE) share price is $79.85, making it a Sell.

MGE Energy Inc (MGEE) 10-Day simple moving average is 81.378, while MGE Energy Inc (MGEE) share price is $79.85, making it a Sell.

MGE Energy Inc (MGEE) 20-Day simple moving average is 80.966, while MGE Energy Inc (MGEE) share price is $79.85, making it a Sell.

MGE Energy Inc (MGEE) 60-Day simple moving average is 79.798, while MGE Energy Inc (MGEE) share price is $79.85, making it a Buy.

MGE Energy Inc (MGEE) 200-Day simple moving average is 83.713, while MGE Energy Inc (MGEE) share price is $79.85, making it a Sell.

MGE Energy Inc (MGEE) 250-Day simple moving average is 85.185, while MGE Energy Inc (MGEE) share price is $79.85, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for MGEE?

The overall technical consensus for MGE Energy Inc (MGEE) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 2 sell signals.

What are the key support and resistance levels for MGE Energy Inc (MGEE) today?

Based on pivot point calculations, MGE Energy Inc (MGEE) has an immediate support level at 78.817 and a major resistance level at 83.582. Traders also monitor the pivot point at 81.021 to determine the intraday trend direction.

Is MGE Energy Inc (MGEE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for MGE Energy Inc (MGEE) is currently 45.505. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for MGE Energy Inc (MGEE)?

MGE Energy Inc (MGEE) Moving Averages Convergence Divergence (MACD) indicator is 0.224, suggesting MGEE is Neutral. This indicator helps identify potential trend reversals or momentum shifts for MGE Energy Inc.

How is MGE Energy Inc (MGEE) performing relative to its 200-day moving average?

MGE Energy Inc (MGEE) is currently trading at $79.85, which is below its 200-day simple moving average of 83.713. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.