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 -0.687, suggesting MGEE is Strong Sell.

MGE Energy Inc (MGEE) 20-Day simple moving average is 76.333, while MGE Energy Inc (MGEE) share price is $75.5, making it Sell.

MGE Energy Inc (MGEE) 60-Day simple moving average is 77.271, while MGE Energy Inc (MGEE) share price is $75.5, making it Sell.

Technical Analysis for MGEE

Technical Sentiment Analysis for MGE Energy Inc (MGEE) As of 2026-05-29, MGE Energy Inc (MGEE) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 0 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MGEE stands at 43.6, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.687, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 67.185 and the Commodity Channel Index (CCI) at -36.295 further confirm a -0.24 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MGEE is trading below its 60-day moving average of $77.271 and below its 200-day long-term moving average of $80.671. Key price levels to watch include the immediate resistance at $76.929 and strong support at $74.209. A break above $76.929 could signal a bull continuation, while falling below $74.209 may test the next Fibonacci floor at $72.785.

MGE Energy Inc (MGEE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	71.489	72.785	74.209	75.505	76.929	78.225	79.649
Fibonacci	72.785	73.824	74.466	75.505	76.544	77.186	78.225

MGE Energy Inc (MGEE) Technical Indicators

2026-05-29

Name	Value
RSI_14	43.6
STOCHk_14_3_3	67.185
STOCHd_14_3_3	57.407
CCI_20	-36.295
AO_5_34	-1.561
MOM_10	-0.24
MACD_12_26_9	-0.687

MGE Energy Inc (MGEE) Relative Strength Index (RSI) is 43.6, creating a Neutral signal.

MGE Energy Inc (MGEE) Stochastic Oscillator is 67.185, creating a Neutral signal.

MGE Energy Inc (MGEE) Stochastic RSI is 57.407, creating a Neutral signal.

MGE Energy Inc (MGEE) Commodity Channel Index (CCI) is -36.295, creating a Neutral signal.

MGE Energy Inc (MGEE) Awesome Oscillator is -1.561, creating a Sell signal.

MGE Energy Inc (MGEE) Momentum is -0.24, creating a Sell signal.

MGE Energy Inc (MGEE) MACD is -0.687, creating a Sell signal.

MGE Energy Inc (MGEE) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	75.908	Sell
MA_10	75.634	Sell
MA_20	76.333	Sell
MA_60	77.271	Sell
MA_200	80.671	Sell
MA_250	81.985	Sell

MGE Energy Inc (MGEE) 5-Day simple moving average is 75.908, while MGE Energy Inc (MGEE) share price is $75.5, making it a Sell.

MGE Energy Inc (MGEE) 10-Day simple moving average is 75.634, while MGE Energy Inc (MGEE) share price is $75.5, making it a Sell.

MGE Energy Inc (MGEE) 20-Day simple moving average is 76.333, while MGE Energy Inc (MGEE) share price is $75.5, making it a Sell.

MGE Energy Inc (MGEE) 60-Day simple moving average is 77.271, while MGE Energy Inc (MGEE) share price is $75.5, making it a Sell.

MGE Energy Inc (MGEE) 200-Day simple moving average is 80.671, while MGE Energy Inc (MGEE) share price is $75.5, making it a Sell.

MGE Energy Inc (MGEE) 250-Day simple moving average is 81.985, while MGE Energy Inc (MGEE) share price is $75.5, 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 Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 4 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 74.209 and a major resistance level at 76.929. Traders also monitor the pivot point at 75.505 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 43.6. 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 -0.687, suggesting MGEE is Strong Sell. 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 $75.5, which is below its 200-day simple moving average of 80.671. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.