Technical Analysis for CIG - Comp En DE MN Cemig ADR

Grade Last Price % Change Price Change
F 2.16 -1.82% -0.0400
CIG closed down 1.82 percent on Friday, April 9, 2021, on 1.96 times normal volume.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical CIG trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.82%
Upper Bollinger Band Touch Strength -0.46%
Inside Day Range Contraction -1.37%
20 DMA Support Bullish 0.00%
Volume Surge Other 0.00%
Bearish Engulfing Bearish -0.46%
Upper Bollinger Band Walk Strength -0.46%
Upper Bollinger Band Touch Strength -0.46%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -4.85%
Older End-of-Day Signals for CIG ...

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Profile

Comp En DE MN Cemig ADR Description

Companhia Energética de Minas Gerais, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2019, the company operated 80 hydroelectric, thermoelectric, and wind and solar plants with an installed capacity of 6,000 MW; 4,134 km of transmission lines; and 335,421 km of distribution lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; provision of technology systems and systems for operational management of public service concessions; sale and trading of energy; provision of telecommunications services; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.


Classification

Sector: Utilities
Industry: Utilities—Diversified
Keywords: Energy Transportation Renewable Energy Nature Energy Conversion And Air Conditioning Heating Telecommunications Services Ventilating Energy Efficiency Cogeneration Belo Public Service Technology System Technology Systems Account Services Operational Management Minas Gerais Distributed Generation Belo Horizonte Energy In Brazil Storage Management Sub Products

Is CIG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.94
52 Week Low 1.95
Average Volume 8,096,173
200-Day Moving Average 0.0000
50-Day Moving Average 2.2716
20-Day Moving Average 2.1715
10-Day Moving Average 2.1860
Average True Range 0.0951
ADX 11.01
+DI 21.0712
-DI 18.5436
Chandelier Exit (Long, 3 ATRs ) 2.0247
Chandelier Exit (Short, 3 ATRs ) 2.2853
Upper Bollinger Band 2.2639
Lower Bollinger Band 2.0791
Percent B (%b) 0.44
BandWidth 8.5102
MACD Line -0.0107
MACD Signal Line -0.0193
MACD Histogram 0.0086
Fundamentals Value
Market Cap 3.41 Billion
Num Shares 1.58 Billion
EPS 0.21
Price-to-Earnings (P/E) Ratio 10.14
Price-to-Sales 0.74
Price-to-Book 1.12
PEG Ratio 0.00
Dividend 0.06
Dividend Yield 2.78%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.2725
Resistance 3 (R3) 2.2817 2.2533 2.2538
Resistance 2 (R2) 2.2533 2.2247 2.2488 2.2475
Resistance 1 (R1) 2.2067 2.2070 2.1925 2.1975 2.2412
Pivot Point 2.1783 2.1783 2.1713 2.1738 2.1783
Support 1 (S1) 2.1317 2.1497 2.1175 2.1225 2.0788
Support 2 (S2) 2.1033 2.1320 2.0988 2.0725
Support 3 (S3) 2.0567 2.1033 2.0663
Support 4 (S4) 2.0475