Technical Analysis for CIG.C - Comp En De Mn Cemig ADS

Grade Last Price % Change Price Change
F 2.21 0.46% 0.01
CIG.C closed up 0.46 percent on Wednesday, July 3, 2024, on 51 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Gapped Up Strength 0.00%
New 52 Week Closing Low Bearish 0.46%
Narrow Range Bar Range Contraction 0.46%
Inside Day Range Contraction 0.46%
Fell Below 20 DMA Bearish -0.90%
Hammer Candlestick Bullish -0.90%
Lizard Bullish Bullish Day Trade Setup -0.90%
New 52 Week Low Weakness -0.90%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 9 hours ago
20 DMA Resistance about 9 hours ago
Up 3% about 9 hours ago
Up 2% about 9 hours ago
Up 1% about 9 hours ago

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Profile

Comp En De Mn Cemig ADS Description

Companhia Energetica de Minas Gerais CEMIG is a Brazil-based holding company mainly engaged in the generation, transmission and distribution of electricity. The Company operates through the segments: Generation, Transmission, Distribution, Telecom, Gas and Other. The Company generates electricity at approximately 78 hydroelectric plants, three thermoelectric plants and 23 wind farms. Its electric power transmission business consists of transporting power from the facilities where it is generated to points of consumption, distribution networks and Free Consumers. Its distribution operation consists of transfers of electricity from distribution substations to final consumers. It is also engaged in telecommunications, national and international energy solutions consulting business, exploitation of natural gas, sale and trading of electricity, trading electricity, and acquisition, transport and distribution of gas and its sub products and derivatives.


Classification

Sector: Utilities
Industry: Utilities - Diversified
Keywords: Natural Gas Telecommunications Electricity Electromagnetism Electrical Engineering Distribution Network Electric Power Electric Power Distribution Energy Solutions Electric Power Transmission Wind Farm Cemig

Is CIG/C a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 4.3999
52 Week Low 2.152
Average Volume 5,578
200-Day Moving Average 3.07
50-Day Moving Average 2.66
20-Day Moving Average 2.29
10-Day Moving Average 2.31
Average True Range 0.11
RSI (14) 39.02
ADX 28.46
+DI 21.82
-DI 38.06
Chandelier Exit (Long, 3 ATRs) 2.12
Chandelier Exit (Short, 3 ATRs) 2.49
Upper Bollinger Bands 2.42
Lower Bollinger Band 2.15
Percent B (%b) 0.21
BandWidth 11.63
MACD Line -0.10
MACD Signal Line -0.12
MACD Histogram 0.0159
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.33
Resistance 3 (R3) 2.34 2.32 2.31
Resistance 2 (R2) 2.32 2.29 2.31 2.30
Resistance 1 (R1) 2.26 2.27 2.25 2.25 2.30
Pivot Point 2.24 2.24 2.23 2.23 2.24
Support 1 (S1) 2.18 2.21 2.17 2.17 2.12
Support 2 (S2) 2.16 2.19 2.15 2.12
Support 3 (S3) 2.10 2.16 2.11
Support 4 (S4) 2.09