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Stock Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Energy Co Of Minas (NYSE:CIG)
Bull Market Weakness (+75) - CIG is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CIG as it may be in the beginning stages of a reversal.
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 Mar 1st, 2021 at 2.105
The intermediate-term trend has been UP since Mar 31st, 2021 at 2.280
The short-term trend has been UP since Apr 14th, 2021 at 2.230
Smart Scan Analysis for CIG
Based on our trend formula, CIG is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.39 | 2.40 | 2.33 | 2.37 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.39 | 6860937 | 2021-04-21 15:59:59 |
| Year High | 3.29 | Year High Date | 2018-10-26 |
| Year Low | 1.56 | Year Low Date | 2018-09-14 |
| 52wk High | 2.98 | 52wk High Date | 2021-01-08 |
| 52wk Low | 1.229432 | 52wk Low Date | 2020-05-14 |
| Year End Close | 10.86 | Average Volume | 19,658,018 |
| Shares Outstanding | 10,342,841 | Short Interest | 3,485,572 |
| % Institutional | 15.4 | Market Cap | 5,207M |
| Assets | 533,261,570M | Liabilities | 360,284,890M |
| P/E Ratio | 3.6399 | Beta | 0.86 |
| Volatility | 57.89 |