CIA ENERGETICA DE-SPON ADR (CIG.C) Stock Technical Analysis
USA - NYSE:CIG.C - US2044098828 - ADR
2.71 USD
+0.11 (+4.23%)
Overall CIG.C gets a technical rating of 2 out of 10. In the last year, CIG.C was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, CIG.C is a bad performer in the overall market: 61% of all stocks are doing better.
CIG.C is part of the Electric Utilities industry. There are 47 other stocks in this industry, of which 71% are performing better than CIG.C.
Warning: CIG.C has an average volume of 3812 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
In the last month CIG.C has a been trading in the 2.57 - 2.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
CIG.C has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.33
2.90
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.51 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.44 from a trend line in the weekly time frame.
- Support @2.35 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 2.72 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.86 to 2.87. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for CIG.C is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CIG.C is down. |
| ChartMill Relative Strength | 39.61 | NEUTRAL | CIG.C is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIG.C is below a declining 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) | 49.97 | NEUTRAL | The RSI value for CIG.C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CIG.C has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.06 | OVERSOLD | The low Stochastics value suggests CIG.C may be oversold. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG.C suggests some volalility. |
| Average Directional Index/ADX (14) | 17.54 | NEGATIVE | The low ADX value for CIG.C suggests a weak or negative trend. |
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)
NYSE:CIG.C (10/3/2025, 8:04:00 PM)
2.71
+0.11 (+4.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg4.23%
1 Week1.32%
2 Weeks-2.87%
1 Month-1.45%
3 Month-5.57%
6 Month13.39%
12 Month6.69%
2 Year11.84%
3 Year1.24%
5 Year69.37%
10 Year97.92%
15 Year-72.9%
Volatility
ATR(14)0.13
ATR(20)%4.2%
ATR Inc6.67%
Range Today0
ADR(20)0.09
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.61
Mansfield-0.63
10 Day High2.85
10 Day Low2.57
20 Day High2.99
20 Day Low2.57
52 Week High3.39
52 Week Low2.13
CS1 End2.6
CR1 Start2.72
Volume & EV
DER(3)-21.57%
DER(5)-12.55%
Volume800
Volume Incr48.05%
Vol(5)5.14K
Vol(50)3.81K