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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG)
Sidelines Mode (-55) - CIG is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CIG
The long-term trend has been DOWN since May 24th, 2024 at 2.1900
The intermediate-term trend has been UP since Jan 30th, 2025 at 1.8400
The short-term trend has been DOWN since Feb 21st, 2025 at 1.9301
Smart Scan Analysis for CIG
Based on our trend formula, CIG is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.960 | 1.970 | 1.925 | 1.930 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.940 | 1256594 | 2025-02-21 15:59:48 |
| Year High | 3.29 | Year High Date | 2018-10-26 |
| Year Low | 1.56 | Year Low Date | 2018-09-14 |
| 52wk High | 2.19 | 52wk High Date | 2024-08-23 |
| 52wk Low | 1.69 | 52wk Low Date | 2025-01-17 |
| Year End Close | 10.86 | Average Volume | 1,547,395 |
| Shares Outstanding | 25,335,687 | Short Interest | 3,485,572 |
| % Institutional | 15.4 | Market Cap | 5,207M |
| Assets | 630,068,980M | Liabilities | 349,468,660M |
| P/E Ratio | 3.4091 | Beta | 0.86 |
| Volatility | 57.89 |