CIA ENERGETICA DE-SPON ADR (CIG) Stock Technical Analysis
NYSE:CIG - New York Stock Exchange, Inc. - US2044096012 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to CIG. 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.
CIG is one of the lesser performing stocks in the Electric Utilities industry. 62% of 46 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month CIG has a been trading in the 1.59 - 1.90 range, which is quite wide. It is currently trading near the high of this range.
CIG has an average volume of 3816350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that CIG is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
CIG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CIG has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.67
2.01
2 important support areas can be observed.
- A support zone ranging from 1.82 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @1.90 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.94 to 1.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.7
Mansfield0.1
10 Day High1.9
10 Day Low1.66
20 Day High1.9
20 Day Low1.59
52 Week High2.19
52 Week Low1.59
Performance
1 Week7.43%
2 Weeks12.57%
1 Month5.03%
3 Month5.62%
6 Month-2.08%
12 Month0.58%
2 Year0.99%
3 Year4.86%
5 Year92.75%
10 Year-32.62%
15 Year-74.32%
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)0.02
RSI(14)62.45
LBB1.59
UBB1.86
1.88
+0.06 (+3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg3.3%
1 Week7.43%
2 Weeks12.57%
1 Month5.03%
3 Month5.62%
6 Month-2.08%
12 Month0.58%
2 Year0.99%
3 Year4.86%
5 Year92.75%
10 Year-32.62%
15 Year-74.32%
Volatility
ATR(14)0.06
ATR(20)%3.26%
ATR Inc16.09%
Range Today0.05
ADR(20)0.05
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.7
Mansfield0.1
10 Day High1.9
10 Day Low1.66
20 Day High1.9
20 Day Low1.59
52 Week High2.19
52 Week Low1.59
CS1 End1.84
CR1 Start1.9
Volume & EV
DER(3)5.62%
DER(5)2.18%
Volume4.10M
Volume Incr-14.27%
Vol(5)3.21M
Vol(50)3.82M