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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG)

Strong Uptrend (+100) - CIG is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CIG continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
2.670 2.725 2.635 2.710 +0.020
Entry Signal

MarketClub’s Trade Triangles for CIG

long term up The long-term trend has been UP since Oct 12th, 2021 at 2.69

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2021 at 2.69

short term up The short-term trend has been UP since Oct 11th, 2021 at 2.54

Smart Scan Analysis for CIG

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

+100
Smart Scan Analysis for CIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.670 2.725 2.635 2.710 +0.020
Prev. Close Volume Bid Ask Time
2.690 8131964 2021-10-18 15:59:59
Year High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High2.769652wk High Date2021-10-15
52wk Low1.59197352wk Low Date2020-10-29
Year End Close10.86Average Volume7,513,746
Shares Outstanding11,531,947Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets538,390,000MLiabilities538,400,000M
P/E Ratio9.6763Beta0.86
Volatility57.89
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