CIA ENERGETICA DE-SPON ADR (CIG.C) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:CIG.C • US2044098828
We assign a technical rating of 8 out of 10 to CIG.C. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, CIG.C is only an average performer.
- Warning: CIG.C has an average volume of 5781 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- CIG.C 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When comparing the performance of all stocks over the past year, CIG.C turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
- CIG.C is part of the Electric Utilities industry. There are 46 other stocks in this industry, CIG.C did better than 66% of them.
- CIG.C is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIG.C is lagging the market.
CIG.C has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.48
When analyzing the support we can see 3 important areas.
- Support @2.83 from a horizontal line in the daily time frame.
- A support zone ranging from 2.66 to 2.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.51 to 2.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.85 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.93 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CIG.C is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CIG.C is up. |
| ChartMill Relative Strength | 60.91 | NEUTRAL | CIG.C is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIG.C is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIG.C is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIG.C is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.18 | NEUTRAL | The RSI value for CIG.C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CIG.C has a negative trend. |
| Stochastics (14,3) | 62.63 | NEUTRAL | The Stochastics value for CIG.C is a neutral value. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG.C suggests some volalility. |
| Average Directional Index/ADX (14) | 28.16 | POSITIVE | The high ADX value value for CIG.C suggests a strong trend. |
NYSE:CIG.C (2/6/2026, 4:10:03 PM)
2.84
0 (0%)
CIA ENERGETICA DE-SPON ADR / CIG.C FAQ
What is the ChartMill technical rating of CIA ENERGETICA DE-SPON ADR (CIG.C) stock?
ChartMill assigns a technical rating of 8 / 10 to CIG.C.
Can you provide the trend direction for CIA ENERGETICA DE-SPON ADR?
The current trend direction for CIA ENERGETICA DE-SPON ADR (CIG.C) is Bullish.
Can you provide the RSI signal for CIA ENERGETICA DE-SPON ADR?
CIA ENERGETICA DE-SPON ADR (CIG.C) has an RSI value of 58.1761. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CIA ENERGETICA DE-SPON ADR?
The short term momentum for CIA ENERGETICA DE-SPON ADR (CIG.C) is positive.
What is the buy/sell signal for CIA ENERGETICA DE-SPON ADR (CIG.C) stock?
The buy/sell signal for CIA ENERGETICA DE-SPON ADR (CIG.C) is buy as both the short term and long term trends are positive.