Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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

Strong Downtrend (-100) - CIG is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CIG continues to fall. Traders should use caution and set stops.

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
1.98 1.98 1.90 1.90 -0.13
Entry Signal

MarketClub’s Trade Triangles for CIG

long term down The long-term trend has been DOWN since May 19th, 2022 at 2.3750

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2022 at 3.0739

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 2.0100

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
1.98 1.98 1.90 1.90 -0.13
Prev. Close Volume Bid Ask Time
2.03 2549684 2022-07-05 11:35:51
Year High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High2.53552wk High Date2022-05-26
52wk Low1.23668652wk Low Date2021-08-16
Year End Close10.86Average Volume5,280,686
Shares Outstanding19,488,990Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets538,390,000MLiabilities538,400,000M
P/E Ratio9.4964Beta0.86
Volatility57.89
Get a free daily analysis and signals for Comp En De Mn Cemig ADS American Depositary Shares (CIG) - Request Your Free Report.