Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

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.

NYSE_CIG.C
Open High Low CIG.C Price Change
3.280 3.340 3.241 3.330 +0.080
Entry Signal

MarketClub’s Trade Triangles for CIG.C

long term down The long-term trend has been DOWN since Jan 6th, 2022 at 2.895

intermediate term down The intermediate-term trend has been DOWN since Jan 4th, 2022 at 3.120

short term up The short-term trend has been UP since Jan 12th, 2022 at 3.150

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).

-55
Smart Scan Analysis for CIG.C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.280 3.340 3.241 3.330 +0.080
Prev. Close Volume Bid Ask Time
3.350 78423 2022-01-19 15:59:53
Year High3.29Year High Date2018-11-13
Year Low1.55Year Low Date2018-09-26
52wk High3.5952wk High Date2021-12-31
52wk Low2.08974452wk Low Date2021-03-08
Year End Close11.18Average Volume84,349
Shares Outstanding853,018Short Interest10,805
% Institutional0.2Assets538,390,000M
Liabilities538,400,000MBeta0.77
Volatility70.09
Get a free daily analysis and signals for Comp En De Mn Cemig ADS American Depositary Receipts (CIG.C) - Request Your Free Report.