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MGEE forms NR7 on July 9

MGE Energy Inc. (MGEE) — Daily Technical Analysis & Swing Trading Signals · Jul 9, 2026, 17:49 ET
On Thursday, July 9th, MGEE moved down 0.57% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 81.5, 81.26 & 80.82, with resistance at 82.18, 82.62 & 82.86.

Current SwingTradeBot Technical Rating of MGEE: C

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MGE Energy Inc. (MGEE)