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MGEE Fell Below 20 Day Moving Average on September 12

MGE Energy Inc. (MGEE) — Nightly Technical Analysis · Sep 12, 2025, 19:48 ET
MGEE finished lower by 1.98% on Friday, September 12th, trading 0.9 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 83.51, 82.75 & 81.39, with resistance at 85.63, 86.99 & 87.75.

Current SwingTradeBot Technical Rating of MGEE: F

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MGE Energy Inc. (MGEE)