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Companhia Energética de Minas Gerais

Companhia Energética de Minas Gerais (CIG-C) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Companhia Energética de Minas Gerais.

CIG-C●NYSE
UtilitiesDiversified Utilities
$2.94
$0.18(5.77%)
U.S. Market opens in 16h 24m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CIG-C Technical Analysis Summary

Companhia Energética de Minas Gerais stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.03)
Trend Strength:Moderate (ADX: 28.28)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$2.91 – $3.29 (Bollinger Bands)

This mix signals that Companhia Energética de Minas Gerais is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 60.08

Bullish
Buying momentum building without extremes.

Williams %R: -46.43

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.48

Bearish
Selling pressure outweighs buying.

Takeaway:Companhia Energética de Minas Gerais shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.06

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 28.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 31.62

Bullish
Bullish, momentum building upward.

Takeaway:Companhia Energética de Minas Gerais shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.29
Middle Band (SMA 20)
$3.10
Lower Band
$2.91
Current Position
Within Bands

Takeaway:Companhia Energética de Minas Gerais trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.31
Middle Line (EMA 20)
$3.12
Lower Channel
$2.93
Squeeze Status
No Squeeze

Takeaway:Companhia Energética de Minas Gerais trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume75.45K
Money Flow Index48.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.71Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:CIG-C shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Companhia Energética de Minas Gerais, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Companhia Energética de Minas Gerais shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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