Technical Analysis for CIG.C - Comp En DE MN Cemig ADR Cl C

Grade Last Price % Change Price Change
F 2.52 -1.95% -0.0500
CIG.C closed down 1.95 percent on Monday, March 1, 2021, on 43 percent of normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A N/A Down
Historical CIG.C trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -1.95%
Hot IPO Pullback Bullish Swing Setup -1.95%
Lower Bollinger Band Walk Weakness -1.95%
New 52 Week Low Weakness -1.95%
Older End-of-Day Signals for CIG.C ...

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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

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Indicators

Indicator Value
52 Week High 3.28
52 Week Low 2.46
Average Volume 81,003
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 2.8875
10-Day Moving Average 2.7230
Average True Range 0.1498
ADX 39.61
+DI 7.2297
-DI 31.0268
Chandelier Exit (Long, 3 ATRs ) 2.7306
Chandelier Exit (Short, 3 ATRs ) 2.9094
Upper Bollinger Band 3.2678
Lower Bollinger Band 2.5072
Percent B (%b) 0.02
BandWidth 26.3411
MACD Line -0.1419
MACD Signal Line -0.1033
MACD Histogram -0.0386
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.7150
Resistance 3 (R3) 2.7167 2.6533 2.6825
Resistance 2 (R2) 2.6533 2.6037 2.6525 2.6717
Resistance 1 (R1) 2.5867 2.5730 2.5550 2.5850 2.6608
Pivot Point 2.5233 2.5233 2.5075 2.5225 2.5233
Support 1 (S1) 2.4567 2.4737 2.4250 2.4550 2.3792
Support 2 (S2) 2.3933 2.4430 2.3925 2.3683
Support 3 (S3) 2.3267 2.3933 2.3575
Support 4 (S4) 2.3250