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Stock Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Energy Co Of Minas (NYSE:CIG)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_CIG
Open High Low CIG Price Change
3.71 3.72 3.65 3.69 +0.06
Entry Signal

MarketClub’s Trade Triangles for CIG

long term up The long term trend has been UP since Jan 7th, 2020 at 3.46

intermediate term up The intermediate term trend has been UP since Dec 11th, 2019 at 3.10

short term down The short term trend has been DOWN since Jan 16th, 2020 at 3.61

Smart Scan Analysis for CIG

Based on a pre-defined weighted trend formula for chart analysis, CIG scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for CIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.71 3.72 3.65 3.69 +0.06
Prev. Close Volume Bid Ask Time
3.60 3373558 2020-01-17 15:59:43
Year High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High4.1152wk High Date2019-07-11
52wk Low2.8552wk Low Date2019-11-21
Year End Close10.86Average Volume2,999,030
Shares Outstanding9,934,235Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets598,550,000MLiabilities452,760,000M
Beta0.86Volatility57.89
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