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MGEE Fell Below 20 Day Moving Average on September 16

SwingTradeBot Nightly Stock Scan: MGE Energy Inc. (MGEE) — Technical Patterns & Alerts · Sep 16, 2025, 19:47 ET
MGEE posted a 2.13% loss on Tuesday, September 16th, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, 50 DMA Resistance, MACD Bearish Signal Line Cross, Directional Movement Crossover Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 82.23, 81.26 & 79.79, with resistance at 84.67, 86.14 & 87.11.

Current SwingTradeBot Technical Rating of MGEE: F

Traders are watching MGEE for a reason. See the full signal list.

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MGE Energy Inc. (MGEE)