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Companhia Energetica Minas Gerais (CIG)
NYSE:CIG
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Companhia Energetica Minas Gerais (CIG) Technical Analysis

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Technical Sentiment

Overall Consensus
Buy
10Bullish
5Neutral
7Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Companhia Energetica Minas Gerais’s (CIG) Moving Averages Convergence Divergence (MACD) indicator is 0.02, suggesting Companhia Energetica Minas Gerais is a Sell.
Companhia Energetica Minas Gerais’s (CIG) 20-Day exponential moving average is 1.99, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.98, making it a Sell.
Companhia Energetica Minas Gerais’s (CIG) 50-Day exponential moving average is 1.98, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.98, making it a Buy.

Companhia Energetica Minas Gerais (CIG) Pivot Points

Nov 22, 2024, 08:54 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1.99
2.02
2.04
2.07
2.09
2.12
2.14
Fibonacci
2.02
2.04
2.05
2.07
2.09
2.10
2.12
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

Nov 22, 2024, 08:54 PM
Period
Simple
Exponential
MA5
2.03Sell
2.02Sell
MA10
2.00Sell
2.01Sell
MA20
1.98Buy
1.99Sell
MA50
2.00Sell
1.98Buy
MA100
1.95Buy
1.94Buy
MA200
1.83Buy
1.83Buy
Companhia Energetica Minas Gerais’s (CIG) 10-Day exponential moving average is 2.01, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.98, making it a Sell.
Companhia Energetica Minas Gerais’s (CIG) 100-Day exponential moving average is 1.94, while Companhia Energetica Minas Gerais’s (CIG) share price is $1.98, making it a Buy.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.98 and Companhia Energetica Minas Gerais’s (CIG) 50-day simple moving average is 2.00, creating a Sell signal.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.98 and Companhia Energetica Minas Gerais’s (CIG) 100-day simple moving average is 1.95, creating a Buy signal.
Companhia Energetica Minas Gerais’s (CIG) stock price is $1.98 and Companhia Energetica Minas Gerais’s (CIG) 200-day simple moving average is 1.83, creating a Buy signal.

Companhia Energetica Minas Gerais (CIG) Technical Indicators

Nov 22, 2024, 08:54 PM
Name
Value
Implied Action
RSI (14)
50.14
Neutral
STOCH (9,6)
56.04
Neutral
STOCHRSI (14)
57.97
Neutral
MACD (12,26)
0.02
Sell
ADX (14)
19.52
Buy
Williams %R
-60.87
Buy
CCI (14)
44.85
Neutral
ATR (14)
0.07
-
Ultimate Oscillator
58.34
Neutral
ROC
4.74
Buy
Companhia Energetica Minas Gerais’s (CIG) Relative Strength Index (RSI) is 50.14, creating a Neutral signal.
Companhia Energetica Minas Gerais’s (CIG) Trend Strength Indicator (ADX) is 19.52, creating a Buy signal.
Companhia Energetica Minas Gerais’s (CIG) Commodity Channel Index (CCI) is 44.85, creating a Neutral signal.
Companhia Energetica Minas Gerais’s (CIG) Price Rate of Change (ROC) is 4.74, creating a Buy signal.

FAQ

Is CIG a Buy, Hold, or Sell?
Based on CIG’s technical indicators, CIG is a Buy.
    What is CIG’s RSI (14)?
    CIG’s RSI (14) is 50.14, which suggests CIG is a Neutral.
      What is CIG’s MACD?
      CIG’s MACD is 0.02, which suggests CIG is a Sell.
        What is CIG’s 5-day moving average?
        CIG’s 5-day moving average is 2.03, which suggests CIG is a Sell.
          What is CIG’s 20-day moving average?
          CIG 20-day moving average is 1.98, which suggests CIG is a Buy.
            What is CIG’s 50-day moving average?
            CIG’s 50-day moving average is 2.00, which suggests CIG is a Sell.
              What is CIG’s 200-day moving average?
              CIG’s 200-day moving average is 1.83, which suggests CIG is a Buy.
                What is CIG’s Williams % R (14)?
                CIG’s Williams % R (14) is -60.87, which suggests CIG is a Buy.
                  What is CIG’s CCI (14)?
                  CIG’s CCI (14) is 44.85, which suggests CIG is a Neutral.
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