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

Grade Last Price % Change Price Change
grade C 4.22 -4.09% -0.18
CIG.C closed down 4.09 percent on Friday, March 22, 2019, on 14 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

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

Date Alert Name Type % Chg
Mar 22 Fell Below 20 DMA Bearish 0.00%
Mar 22 Fell Below 50 DMA Bearish 0.00%
Mar 22 MACD Bearish Signal Line Cross Bearish 0.00%
Mar 22 Overbought Stochastic Strength 0.00%
Mar 21 Stochastic Sell Signal Bearish -4.09%
Mar 21 Hammer Candlestick Bullish -4.09%
Mar 21 Overbought Stochastic Strength -4.09%
Mar 21 Gapped Down Weakness -4.09%
Mar 20 Narrow Range Bar Range Contraction -8.26%
Mar 20 BB Squeeze Ended Range Expansion -8.26%

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: 1 bullish, 1 bearish and 3 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 7,890
200-Day Moving Average 2.7476
50-Day Moving Average 4.2542
20-Day Moving Average 4.3915
10-Day Moving Average 4.405
Average True Range 0.142
ADX 12.19
+DI 33.2159
-DI 42.6615
Chandelier Exit (Long, 3 ATRs ) 4.174
Chandelier Exit (Short, 3 ATRs ) 4.436
Upper Bollinger Band 4.6748
Lower Bollinger Band 4.1082
Percent B (%b) 0.2
BandWidth 12.902197
MACD Line 0.0625
MACD Signal Line 0.0797
MACD Histogram -0.0172
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.42
Resistance 3 (R3) 4.44 4.39 4.38
Resistance 2 (R2) 4.39 4.34 4.38 4.37
Resistance 1 (R1) 4.31 4.31 4.29 4.29 4.36
Pivot Point 4.26 4.26 4.25 4.25 4.26
Support 1 (S1) 4.18 4.21 4.16 4.16 4.08
Support 2 (S2) 4.13 4.18 4.12 4.07
Support 3 (S3) 4.05 4.13 4.06
Support 4 (S4) 4.03