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

Grade Last Price % Change Price Change
grade A 4.29 2.14% 0.09
CIG.C closed up 2.14 percent on Tuesday, January 15, 2019, on 12 percent of normal volume.

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

Date Alert Name Type % Chg
Jan 15 Gapped Up Strength 0.00%
Jan 14 Pocket Pivot Bullish Swing Setup 2.14%
Jan 14 Narrow Range Bar Range Contraction 2.14%
Jan 14 Gapped Up Strength 2.14%
Jan 11 Narrow Range Bar Range Contraction 4.63%
Jan 11 Wide Bands Range Expansion 4.63%
Jan 10 Narrow Range Bar Range Contraction 4.63%
Jan 10 Wide Bands Range Expansion 4.63%
Jan 10 Gapped Up Strength 4.63%
Jan 9 Wide Bands Range Expansion 5.15%

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.
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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.99
52 Week Low 1.55
Average Volume 6,826
200-Day Moving Average 2.3519
50-Day Moving Average 3.4145
20-Day Moving Average 3.937
10-Day Moving Average 4.088
Average True Range 0.1901
ADX 38.6
+DI 46.7098
-DI 22.4661
Chandelier Exit (Long, 3 ATRs ) 4.4197
Chandelier Exit (Short, 3 ATRs ) 3.7403
Upper Bollinger Band 4.4663
Lower Bollinger Band 3.4077
Percent B (%b) 0.83
BandWidth 26.888494
MACD Line 0.243
MACD Signal Line 0.2451
MACD Histogram -0.0021
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.47
Resistance 3 (R3) 4.48 4.42 4.44
Resistance 2 (R2) 4.42 4.38 4.42 4.43
Resistance 1 (R1) 4.36 4.35 4.33 4.35 4.42
Pivot Point 4.30 4.30 4.29 4.30 4.30
Support 1 (S1) 4.24 4.26 4.21 4.23 4.16
Support 2 (S2) 4.18 4.23 4.18 4.15
Support 3 (S3) 4.12 4.18 4.14
Support 4 (S4) 4.11