CIA ENERGETICA DE-SPON ADR (CIG.C) Technical Analysis
NYSE:CIG.C • US2044098828
Current stock price
CIG.C Technical Rating and Analysis
Taking everything into account, CIG.C scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, CIG.C has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: CIG.C has an average volume of 5498 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- CIG.C is part of the Electric Utilities industry. There are 46 other stocks in this industry. CIG.C outperforms 80% of them.
- When comparing the yearly performance of all stocks, we notice that CIG.C is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- CIG.C is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CIG.C is lagging the market slightly.
- In the last month CIG.C has a been trading in the 2.79 - 3.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CIG.C Weekly and Daily overview Charts
CIG.C Setup Rating and Analysis
Besides having an excellent technical rating, CIG.C also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CIG.C 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
CIG.C Support and Resistance Analysis
2.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.95 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.84 to 2.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.56 to 2.58. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.03 to 3.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
CIG.C Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for CIG.C is neutral. |
| ChartMill Relative Strength | 81.94 | POSITIVE | CIG.C has a high relative strength, it outperformed 81.94% off all stocks 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) | DOWN | MIXED | The current price of CIG.C is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.66 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 73.2 | NEUTRAL | The Stochastics value for CIG.C is a neutral value. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG.C suggests some volalility. |
| Average Directional Index/ADX (14) | 18.23 | NEGATIVE | The low ADX value for CIG.C suggests a weak or negative trend. |
CIG.C Chart- and CandleStick Pattern Analysis
CIG.C Example Setup
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 |
|---|---|---|---|
| 3.07 | 2.94 | 0.13 (4.23%) | 23.62% |
| An entry @3.07. This is a Buy Stop order right above the resistance zone. | An exit @2.94. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.13 points, which is 4.23%. | For a 1.00% total portfolio risk, you can invest 23.62% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of CIG.C. Please evaluate whether better entry and exit points can be found.
- 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.
CIG.C Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CIG.C (3/19/2026, 8:04:00 PM)
3.02
+0.04 (+1.34%)
CIA ENERGETICA DE-SPON ADR / CIG.C TA 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 55.6595. 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 neutral.