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MGEE Crossed Above 20 Day Moving Average on September 15

MGE Energy Inc. (MGEE) — Nightly Technical Analysis · Sep 15, 2025, 19:48 ET
On Monday, September 15th, MGEE moved up 0.89% while volume was to 1.1× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross and Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 83.94, 82.87 & 82.11, with resistance at 85.77, 86.53 & 87.6.

Current SwingTradeBot Technical Rating of MGEE: F

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MGE Energy Inc. (MGEE)