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Stock Trend Analysis Report

Prepared for you on Sunday, January 23, 2022.

Comp En De Mn Cemig ADS American Depositary Shares (NYSE:CIG)

Crossroads (+60) - CIG is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid CIG?

MarketClub looks at technical strength and momentum to determine if the timing is right for CIG.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_CIG
Open High Low CIG Price Change
2.420 2.470 2.410 2.425 -0.005
Entry Signal

MarketClub’s Trade Triangles for CIG

long term down The long-term trend has been DOWN since Jan 6th, 2022 at 2.175

intermediate term up The intermediate-term trend has been UP since Jan 19th, 2022 at 2.440

short term up The short-term trend has been UP since Jan 11th, 2022 at 2.245

Smart Scan Analysis for CIG

Based on our trend formula, CIG is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CIG
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.420 2.470 2.410 2.425 -0.005
Prev. Close Volume Bid Ask Time
2.430 7810599 2022-01-21 15:59:41
Year High3.29Year High Date2018-10-26
Year Low1.56Year Low Date2018-09-14
52wk High2.769652wk High Date2021-10-15
52wk Low1.74892852wk Low Date2021-03-09
Year End Close10.86Average Volume6,408,778
Shares Outstanding11,531,947Short Interest3,485,572
% Institutional15.4Market Cap5,207M
Assets538,390,000MLiabilities538,400,000M
P/E Ratio8.741Beta0.86
Volatility57.89
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