CIA ENERGETICA DE-SPON ADR (CIG) Stock Technical Analysis
NYSE:CIG - New York Stock Exchange, Inc. - US2044096012 - ADR - Currency: USD
Overall CIG gets a technical rating of 6 out of 10. In the past year, CIG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
CIG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
CIG has an average volume of 1967580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, CIG turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
CIG is part of the Electric Utilities industry. There are 47 other stocks in this industry, CIG did better than 45% of them.
CIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIG is lagging the market.
CIG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for CIG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.69
2.14
When analyzing the support we notice one important area.
- A support zone ranging from 1.71 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 1.94 to 1.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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
CRS60.72
Mansfield-0.6
10 Day High2.01
10 Day Low1.85
20 Day High2.01
20 Day Low1.77
52 Week High2.19
52 Week Low1.69
Performance
1 Week2.11%
2 Weeks3.19%
1 Month8.38%
3 Month-2.51%
6 Month-11.42%
12 Month11.1%
2 Year29.33%
3 Year30.1%
5 Year12.91%
10 Year-25.63%
15 Year-73.88%
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)58.31
LBB1.85
UBB1.99
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.98 | 1.84 | 0.14 (7.07%) | 14.14% |
| An entry @1.98. This is a Buy Stop order right above the resistance zone. | An exit @1.84. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 7.07%. | When investing 14.14% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.94
-0.01 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.51%
1 Week2.11%
2 Weeks3.19%
1 Month8.38%
3 Month-2.51%
6 Month-11.42%
12 Month11.1%
2 Year29.33%
3 Year30.1%
5 Year12.91%
10 Year-25.63%
15 Year-73.88%
Volatility
ATR(14)0.04
ATR(20)%2.22%
ATR Inc-19.55%
Range Today0.04
ADR(20)0.04
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.72
Mansfield-0.6
10 Day High2.01
10 Day Low1.85
20 Day High2.01
20 Day Low1.77
52 Week High2.19
52 Week Low1.69
CS1 End1.73
CR1 Start1.94
Volume & EV
DER(3)2.91%
DER(5)3.5%
Volume1.33M
Volume Incr10.29%
Vol(5)1.72M
Vol(50)1.97M