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

Grade Last Price % Change Price Change
grade F 3.85 -0.13% -0.01
CIG.C closed down 0.13 percent on Wednesday, September 18, 2019, on 21 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical CIG.C trend table...

Date Alert Name Type % Chg
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.13%
Stochastic Buy Signal Bullish -0.13%
Narrow Range Bar Range Contraction -0.13%
Inside Day Range Contraction -0.13%
Oversold Stochastic Weakness -0.13%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -0.13%

Older signals for CIG.C ...

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Profile
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.
Energy Natural Gas Telecommunications Electricity Electromagnetism Electrical Engineering Electric Power Electric Power Distribution Energy Solutions
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
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.0
52 Week Low 1.55
Average Volume 2,797
200-Day Moving Average 4.0881
50-Day Moving Average 4.3913
20-Day Moving Average 4.1407
10-Day Moving Average 3.999
Average True Range 0.1006
ADX 16.26
+DI 29.7869
-DI 44.2685
Chandelier Exit (Long, 3 ATRs ) 4.2782
Chandelier Exit (Short, 3 ATRs ) 4.1418
Upper Bollinger Band 4.5363
Lower Bollinger Band 3.7451
Percent B (%b) 0.13
BandWidth 19.10788
MACD Line -0.1448
MACD Signal Line -0.1202
MACD Histogram -0.0246
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.87
Resistance 3 (R3) 3.86 3.86 3.86
Resistance 2 (R2) 3.86 3.85 3.86 3.86
Resistance 1 (R1) 3.85 3.85 3.86 3.86 3.86
Pivot Point 3.85 3.85 3.85 3.85 3.85
Support 1 (S1) 3.84 3.84 3.85 3.85 3.84
Support 2 (S2) 3.84 3.84 3.84 3.84
Support 3 (S3) 3.83 3.84 3.84
Support 4 (S4) 3.84