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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG.C)
Strong Downtrend (-100) - CIG.C is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CIG.C continues to fall. Traders should use caution and set stops.
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 May 24th, 2024 at 2.5900
The intermediate-term trend has been DOWN since Jul 1st, 2024 at 2.2000
The short-term trend has been DOWN since Jul 15th, 2024 at 2.2835
Smart Scan Analysis for CIG.C
Based on our trend formula, CIG.C is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.2300 | 2.2300 | 2.2199 | 2.2200 | -0.0099 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.2100 | 2233 | 2024-07-25 15:56:58 |
| Year High | 3.29 | Year High Date | 2018-11-13 |
| Year Low | 1.55 | Year Low Date | 2018-09-26 |
| 52wk High | 3.384538 | 52wk High Date | 2023-09-15 |
| 52wk Low | 1.992308 | 52wk Low Date | 2024-03-19 |
| Year End Close | 11.18 | Average Volume | 3,644 |
| Shares Outstanding | 853,018 | Short Interest | 10,805 |
| % Institutional | 0.2 | Assets | 550,000,800M |
| Liabilities | 303,508,450M | Beta | 0.77 |
| Volatility | 70.09 |