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

Grade Last Price % Change Price Change
C 2.765 -0.18% -0.01
CIG.C closed down 0.18 percent on Monday, April 19, 2021, on 9 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to find support at its 50 day moving average.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down
Historical CIG.C trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -0.18%
50 DMA Support Bullish -0.18%
Bollinger Band Squeeze Range Contraction -0.18%
Older End-of-Day Signals for CIG.C ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% 4 days ago
Down 3% 4 days ago
Down 2 % 4 days ago
Down 1% 4 days ago
Fell Below Lower Bollinger Band 4 days ago
View Earlier Intraday Alerts

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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 9.54
52 Week Low 1.3
Average Volume 38,558
200-Day Moving Average 2.53
50-Day Moving Average 2.75
20-Day Moving Average 2.78
10-Day Moving Average 2.80
Average True Range 0.11
ADX 13.64
+DI 14.96
-DI 18.72
Chandelier Exit (Long, 3 ATRs ) 2.67
Chandelier Exit (Short, 3 ATRs ) 2.94
Upper Bollinger Band 2.86
Lower Bollinger Band 2.70
Percent B (%b) 0.42
BandWidth 5.77
MACD Line 0.02
MACD Signal Line 0.02
MACD Histogram 0.0001
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.80
Resistance 3 (R3) 2.79 2.78 2.79
Resistance 2 (R2) 2.78 2.77 2.78 2.79
Resistance 1 (R1) 2.77 2.77 2.78 2.78 2.79
Pivot Point 2.76 2.76 2.76 2.76 2.76
Support 1 (S1) 2.75 2.75 2.76 2.76 2.74
Support 2 (S2) 2.74 2.75 2.74 2.74
Support 3 (S3) 2.73 2.74 2.74
Support 4 (S4) 2.74