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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG.C)

Bear Market Rally (-75) - CIG.C is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CIG.C as it may be in the beginning 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
2.850 2.929 2.850 2.870 -0.010
Entry Signal

MarketClub’s Trade Triangles for CIG.C

long term down The long-term trend has been DOWN since Oct 13th, 2023 at 3.5600

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 2.9700

short term down 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 -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for CIG.C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.850 2.929 2.850 2.870 -0.010
Prev. Close Volume Bid Ask Time
2.840 2777 2024-04-16 13:03:42
Year High3.29Year High Date2018-11-13
Year Low1.55Year Low Date2018-09-26
52wk High4.399952wk High Date2023-09-15
52wk Low2.5952wk Low Date2024-03-19
Year End Close11.18Average Volume5,406
Shares Outstanding853,018Short Interest10,805
% Institutional0.2Assets561,654,300M
Liabilities317,376,460MBeta0.77
Volatility70.09
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