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Stock Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

Energy Co Of Minas (NYSE:CIG.C)

Weak Uptrend (+65) - CIG.C is showing signs of weakening momentum to the upside. Monitor CIG.C as it may be in the beginning stages of a reversal.

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.

NYSE_CIG.C
Open High Low CIG.C Price Change
2.200 2.249 2.130 2.180 -0.010
Entry Signal

MarketClub’s Trade Triangles for CIG.C

long term up The long-term trend has been UP since Jun 22nd, 2020 at 3.6200

intermediate term up The intermediate-term trend has been UP since Jun 22nd, 2020 at 2.8799

short term down The short-term trend has been DOWN since Jul 30th, 2020 at 2.2800

Smart Scan Analysis for CIG.C

Based on our trend formula, CIG.C is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for CIG.C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.200 2.249 2.130 2.180 -0.010
Prev. Close Volume Bid Ask Time
2.310 33889 2020-08-05 15:59:40
Year High3.29Year High Date2018-11-13
Year Low1.55Year Low Date2018-09-26
52wk High4.9952wk High Date2019-07-11
52wk Low1.352wk Low Date2020-05-14
Year End Close11.18Average Volume8,530
Shares Outstanding853,018Short Interest10,805
% Institutional0.2Assets499,260,000M
Liabilities340,390,000MBeta0.77
Volatility70.09
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