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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.

NYSE_CIG
Open High Low CIG Price Change
2.39 2.40 2.33 2.37 -0.02
Entry Signal

MarketClub’s Trade Triangles for CIG

long term down The long-term trend has been DOWN since Mar 1st, 2021 at 2.105

intermediate term up The intermediate-term trend has been UP since Mar 31st, 2021 at 2.280

short term up 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).

+70
Smart Scan Analysis for CIG
Strong Downtrend Sideways 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 High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High2.9852wk High Date2021-01-08
52wk Low1.22943252wk Low Date2020-05-14
Year End Close10.86Average Volume19,658,018
Shares Outstanding10,342,841Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets533,261,570MLiabilities360,284,890M
P/E Ratio3.6399Beta0.86
Volatility57.89
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