Technical Analysis for CIG - Comp En De Mn Cemig

Grade Last Price % Change Price Change
grade B 3.32 -1.78% -0.06
CIG closed down 1.78 percent on Friday, May 24, 2019, on 1.5 times normal volume.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Down Up
See historical CIG trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
20 DMA Resistance Bearish -1.78%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.78%
NR7 Range Contraction -1.78%
Inside Day Range Contraction -1.78%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -2.06%
Earnings Movers Other -2.06%
Up 3 Days in a Row Strength -2.06%
Lower Bollinger Band Walk Weakness -1.19%
Earnings Movers Other -1.19%

Older signals for CIG ...

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Profile
Companhia Energética de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. As of December 31, 2012, the company generated electricity at 59 hydroelectric plants, 3 thermoelectric plants, and 3 wind farms; had a total installed capacity of 7,038 megawatts; owned and operated 13,670 miles of transmission lines; and owned and operated 308,466 miles of distribution lines, through which it supplied electricity to approximately 7.5 million end-consumers. It also acquires, transports, distributes, and sells natural gas; engages in the exploration and production of crude oil and natural gas; provides signal transportation and access services for point-to-point and point-to-multipoint applications, primarily to telecommunications operators and Internet service providers on a clear channel basis; offers services related to the sale and trading of electricity in the Brazilian electricity sector; engages in the implementation and management of systems for electricity sector companies; and engages in the national and international consulting business that provides energy solutions to governments and public utility companies in the electricity industry. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.
Natural Gas Crude Oil Electricity Internet Service Providers Economy Of Brazil Energy Solutions Access Services Electric Energy Telecommunications Operators
Is CIG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 2 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 3.98
52 Week Low 1.56
Average Volume 3,599,573
200-Day Moving Average 3.0821
50-Day Moving Average 3.5568
20-Day Moving Average 3.431
10-Day Moving Average 3.276
Average True Range 0.1328
ADX 25.86
+DI 19.0512
-DI 28.523
Chandelier Exit (Long, 3 ATRs ) 3.3616
Chandelier Exit (Short, 3 ATRs ) 3.4084
Upper Bollinger Band 3.7967
Lower Bollinger Band 3.0653
Percent B (%b) 0.35
BandWidth 21.3174
MACD Line -0.0842
MACD Signal Line -0.0862
MACD Histogram 0.002
Fundamentals Value
Market Cap 4.18 Billion
Num Shares 1.26 Billion
EPS 0.14
Price-to-Earnings (P/E) Ratio 23.71
Price-to-Sales 0.52
Price-to-Book 0.76
PEG Ratio 0.00
Dividend 0.08
Dividend Yield 2.41%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.47
Resistance 3 (R3) 3.49 3.45 3.45
Resistance 2 (R2) 3.45 3.42 3.45 3.44
Resistance 1 (R1) 3.39 3.39 3.37 3.37 3.43
Pivot Point 3.35 3.35 3.35 3.35 3.35
Support 1 (S1) 3.29 3.32 3.27 3.27 3.21
Support 2 (S2) 3.25 3.29 3.25 3.20
Support 3 (S3) 3.19 3.25 3.20
Support 4 (S4) 3.17