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Companhia Energetica Minas Gerais (CIG)
NYSE:CIG

Companhia Energetica Minas Gerais (CIG) Technical Analysis

444 Followers

Technical Sentiment

Overall Consensus
Neutral
10Bullish
1Neutral
11Bearish
Technical Analysis Consensus
Buy
6Bullish
1Neutral
3Bearish
Moving Average Consensus
Sell
4Bullish
0Neutral
8Bearish
Companhia Energetica Minas Gerais’s (CIG) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Companhia Energetica Minas Gerais is a Buy.
Companhia Energetica Minas Gerais’s (CIG) 20-Day exponential moving average is 1.94, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.86, making it a Sell.
Companhia Energetica Minas Gerais’s (CIG) 50-Day exponential moving average is 1.90, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.86, making it a Sell.

Companhia Energetica Minas Gerais (CIG) Pivot Points

Jun 01, 2024, 05:59 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1.84
1.87
1.88
1.91
1.92
1.95
1.96
Fibonacci
1.87
1.88
1.89
1.91
1.92
1.93
1.95
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Companhia Energetica Minas Gerais (CIG) Moving Averages

Jun 01, 2024, 05:59 AM
Period
Simple
Exponential
MA5
1.91Sell
1.90Sell
MA10
1.95Sell
1.93Sell
MA20
1.97Sell
1.94Sell
MA50
1.90Sell
1.90Sell
MA100
1.82Buy
1.84Buy
MA200
1.77Buy
1.81Buy
Companhia Energetica Minas Gerais’s (CIG) 10-Day exponential moving average is 1.93, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.86, making it a Sell.
Companhia Energetica Minas Gerais’s (CIG) 100-Day exponential moving average is 1.84, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.86, making it a Buy.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.86 and Companhia Energetica Minas Gerais’s (CIG) 50-day simple moving average is 1.90, creating a Sell signal.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.86 and Companhia Energetica Minas Gerais’s (CIG) 100-day simple moving average is 1.82, creating a Buy signal.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.86 and Companhia Energetica Minas Gerais’s (CIG) 200-day simple moving average is 1.77, creating a Buy signal.

Companhia Energetica Minas Gerais (CIG) Technical Indicators

Jun 01, 2024, 05:59 AM
Name
Value
Implied Action
RSI (14)
41.41
Neutral
STOCH (9,6)
6.55
Buy
STOCHRSI (14)
11.83
Buy
MACD (12,26)
<0.01
Buy
ADX (14)
10.61
Buy
Williams %R
-95.59
Buy
CCI (14)
-192.91
Buy
ATR (14)
0.06
-
Ultimate Oscillator
26.84
Sell
ROC
-2.11
Sell
Companhia Energetica Minas Gerais’s (CIG) Relative Strength Index (RSI) is 41.41, creating a Neutral signal.
Companhia Energetica Minas Gerais’s (CIG) Trend Strength Indicator (ADX) is 10.61, creating a Buy signal.
Companhia Energetica Minas Gerais’s (CIG) Commodity Channel Index (CCI) is -192.91, creating a Buy signal.
Companhia Energetica Minas Gerais’s (CIG) Price Rate of Change (ROC) is -2.11, creating a Sell signal.

FAQ

Is CIG a Buy, Hold, or Sell?
Based on CIG’s technical indicators, CIG is a Hold.
    What is CIG’s RSI (14)?
    CIG’s RSI (14) is 41.41, which suggests CIG is a Neutral.
      What is CIG’s MACD?
      CIG’s MACD is <0.01, which suggests CIG is a Buy.
        What is CIG’s 5-day moving average?
        CIG’s 5-day moving average is 1.91, which suggests CIG is a Sell.
          What is CIG’s 20-day moving average?
          CIG 20-day moving average is 1.97, which suggests CIG is a Sell.
            What is CIG’s 50-day moving average?
            CIG’s 50-day moving average is 1.90, which suggests CIG is a Sell.
              What is CIG’s 200-day moving average?
              CIG’s 200-day moving average is 1.77, which suggests CIG is a Buy.
                What is CIG’s Williams % R (14)?
                CIG’s Williams % R (14) is -95.59, which suggests CIG is a Buy.
                  What is CIG’s CCI (14)?
                  CIG’s CCI (14) is -192.91, which suggests CIG is a Buy.
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