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MGE Energy Inc.

Stage 4 · Declining · week 4

As of Oct 22, 2026, MGE Energy is in Stage 4, the downtrend phase, now in week 4 (since Sep 30, 2026). It closed at $74.24, 12.6% below its 52-week high and below its 200-day average, which is falling.

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. More about the company

$74.24
+3.10% today
$2.8B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 26w
S4 39w
S4 16w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 2w → S3 4w → S4 9w → S1 7w → S4 8w → S1 4w → S2 11w → S3 2w → S2 26w → S3 11w → S2 2w → S1 5w → S4 39w → S1 3w → S4 16w → S1 3w → S2 6w → S3 2w → S4 3w current
Total tracked: 165 weeks across 19 stage runs.

MGEE among Utilities - Regulated Electric37th of 42 by relative strength

All 42 →
Stocks in Utilities - Regulated Electric ranked by relative strength, with stage and one-month change
#StockStageRS1M
1ELPCStage 2 · wk 687+12.9%
2CIG-CStage 2 · wk 783+6.9%
3CEPUStage 4 · wk 1078−12.4%
4NWEStage 2 · wk 177+12.3%
5CIGStage 1 · wk 672+9.1%
6PNWStage 4 · wk 370+15.8%
7EDStage 4 · wk 368+13.3%
8ETRStage 4 · wk 367+9.0%
…37MGEEStage 4 · wk 446+4.8%
vs 52W High
-12.6%
$68.49 lo$84.95 hi
12.6% below 52W high, failed near resistance
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 4
1w13w26w
Week 4, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-3.6%
200 DMA: $77.00 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.75x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+4.8%
3M
-9.3%
6M
-6.6%
YTD
-3.6%
1Y
-11.2%
Scan Membership
Breakout Watch
Latest: 2025-04-15
12 appearances in last 60 days. First seen: 2018-10-16.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 4 · Vol 0.75x
2026-10-21S4
Wk 4 · Vol 0.54x
2026-10-20S4
Wk 3 · Vol 0.66x
2026-10-19S4
Wk 3 · Vol 0.78x
2026-10-16S4
Wk 3 · Vol 0.81x
2026-10-15S4
Wk 3 · Vol 0.64x
2026-10-14S4
Wk 3 · Vol 0.88x
2026-10-13S4
Wk 2 · Vol 0.66x
2026-10-12S4
Wk 2 · Vol 0.77x
2026-10-09S4
Wk 2 · Vol 0.57x
2026-10-08S4
Wk 2 · Vol 1.11x
2026-10-07S4
Wk 2 · Vol 0.76x
Moving averages & range
50 DMA
$74.51
200 DMA
$77.00
52W High
$84.95
52W Low
$68.49
5D Low
$71.31
Resistance levels (recent highs)
20d High
$74.24
60d High
$81.20
120d High
$83.68
250d High
$84.76
Next resistance
+9.4%
to 60d High
P/E (TTM)
18.2
Forward 17.7
Earnings Growth (YoY)
+23.6%
Revenue +1.1%
ROE
+11.0%
Profit margin +19.9%
Dividend Yield
2.82%
P/B 1.9

MGE Energy: quick answers

What stage is MGE Energy in?

As of Oct 22, 2026, MGE Energy (MGEE) is in Stage 4, the downtrend phase. It entered Stage 4 on Sep 30, 2026 and is in week 4. What the four stages mean

Is MGE Energy in an uptrend?

No. MGE Energy is in a Stage 4 downtrend. It trades 3.6% below its 200-day average, which is falling.

How far is MGE Energy from its 52-week high?

MGE Energy closed at $74.24 on Oct 22, 2026, 12.6% below its 52-week high of $84.95. Its 52-week low is $68.49.

How has MGE Energy performed over the past year?

As of Oct 22, 2026, MGE Energy is down 11.2% over the past year and down 3.6% so far in 2026.

Which sector and industry is MGE Energy in?

MGE Energy is in the Utilities - Regulated Electric industry, part of the Utilities sector.

About this companyUtilities· Utilities - Regulated Electric

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in the United States. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. The company generates, purchases, and distributes electricity; purchases and distributes natural gas; owns and leases electric generating capacity; and plans, constructs, operates, maintains, and expands transmission facilities to provide transmission power services. It also generates electricity from coal-fired, gas-fired, and renewable energy sources and provides solar and wind generation, and battery storage services. As of December 31, 2025, the company owned and operated 811 miles of overhead electric distribution lines; 1,386 miles of underground electric distribution cables; 47 substations with an installed capacity of 1.2 million kVA; and gas facilities, including 3,117 miles of distribution mains, as well as supplied electric service to approximately 170,000 customers. MGE Energy, Inc. has a strategic partnership with Realta Fusion Inc. and Madison Gas and Electric Company. MGE Energy, Inc. was incorporated in 2001 and is headquartered in Madison, Wisconsin.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.