CIA ENERGETICA DE-SPON ADR (CIG)
US2044096012 - ADR
Taking everything into account, CIG scores 0 out of 10 in our technical rating. CIG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
78% of all other stocks performed better in the past year than CIG.
CIG is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 80% are performing better than CIG.
CIG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CIG has a been trading in the 1.72 - 1.98 range, which is quite wide. It is currently trading near the lows of this range.
CIG has an average volume of 2406300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
CIG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.73, a Stop Loss order could be placed below this zone.
More info and screens
1.70
2.14
When analyzing the support we notice one important area.
- A support zone ranging from 1.72 to 1.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.88 to 2.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.12 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.52
Mansfield-1.54
10 Day High1.9
10 Day Low1.72
20 Day High1.98
20 Day Low1.72
52 Week High2.19
52 Week Low1.68
Performance
1 Week-2.22%
2 Weeks-4.35%
1 Month-8.81%
3 Month-9.74%
6 Month-8.33%
12 Month-6.99%
2 Year2.14%
3 Year18.03%
5 Year-10.3%
10 Year-31.18%
15 Year-76.73%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)40.47
LBB1.71
UBB1.9
CIA ENERGETICA DE-SPON ADR
NYSE:CIG (1/6/2025, 8:26:54 PM)
After market: 1.76 0 (0%)1.76
+0.03 (+1.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg1.73%
1 Week-2.22%
2 Weeks-4.35%
1 Month-8.81%
3 Month-9.74%
6 Month-8.33%
12 Month-6.99%
2 Year2.14%
3 Year18.03%
5 Year-10.3%
10 Year-31.18%
15 Year-76.73%
Volatility
ATR(14)0.06
ATR(20)%3.45%
ATR Inc17.36%
Range Today0.04
ADR(20)0.05
ADR(20)%2.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.52
Mansfield-1.54
10 Day High1.9
10 Day Low1.72
20 Day High1.98
20 Day Low1.72
52 Week High2.19
52 Week Low1.68
CS1 End1.73
CR1 Start1.88
Volume & EV
DER(3)-3.68%
DER(5)-1.87%
Volume1.76M
Volume Incr-60.1%
Vol(5)1.13M
Vol(50)2.41M