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Fell Below 20 Day Moving Average appears for MGEE after 2.66% move
On Wednesday, October 29th, MGEE moved down 2.66% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 81.95, 80.9 & 79.34, with resistance at 84.56, 86.12 & 87.17.
Current SwingTradeBot Technical Rating of MGEE: F
Traders are watching MGEE for a reason. See the full signal list.
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