MGEE Makes Bullish Cross Above Critical Moving Average
In trading on Monday, shares of MGE Energy Inc (Symbol: MGEE) crossed above their 200 day moving average of $72.91, changing hands as high as $73.18 per share. MGE Energy Inc shares are currently trading up about 14.6% on the day. The chart below shows the one year performance of MGEE shares, versus its 200 day moving average:
Looking at the chart above, MGEE's low point in its 52 week range is $61.94 per share, with $83.27 as the 52 week high point — that compares with a last trade of $72.69.
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