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Stock Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG.C)
Sidelines Mode (-55) - CIG.C is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CIG.C?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIG.C.
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.C
The long-term trend has been DOWN since Oct 13th, 2023 at 3.5600
The intermediate-term trend has been UP since Apr 8th, 2024 at 2.9700
The short-term trend has been DOWN since Apr 15th, 2024 at 2.9809
Smart Scan Analysis for CIG.C
Based on our trend formula, CIG.C is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.06 | 3.06 | 2.83 | 2.88 | -0.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.88 | 800 | 2024-04-15 09:41:40 |
| Year High | 3.29 | Year High Date | 2018-11-13 |
| Year Low | 1.55 | Year Low Date | 2018-09-26 |
| 52wk High | 4.3999 | 52wk High Date | 2023-09-15 |
| 52wk Low | 2.59 | 52wk Low Date | 2024-03-19 |
| Year End Close | 11.18 | Average Volume | 9,036 |
| Shares Outstanding | 853,018 | Short Interest | 10,805 |
| % Institutional | 0.2 | Assets | 561,654,300M |
| Liabilities | 317,376,460M | Beta | 0.77 |
| Volatility | 70.09 |