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Stock Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

Energy Co Of Minas (NYSE:CIG)

Crossroads (+60) - CIG is struggling to move into a solid trend. Beware of choppy markets 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.

NYSE_CIG
Open High Low CIG Price Change
2.310 2.360 2.270 2.295 +0.085
Entry Signal

MarketClub’s Trade Triangles for CIG

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 2.87

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 1.73

short term up The short-term trend has been UP since May 18th, 2020 at 1.50

Smart Scan Analysis for CIG

Based on our trend formula, CIG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.310 2.360 2.270 2.295 +0.085
Prev. Close Volume Bid Ask Time
1.720 2640856 2020-06-05 15:59:54
Year High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High4.1152wk High Date2019-07-11
52wk Low1.4452wk Low Date2020-03-23
Year End Close10.86Average Volume5,733,279
Shares Outstanding9,934,235Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets598,550,000MLiabilities452,760,000M
Beta0.86Volatility57.89
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