CIA ENERGETICA DE-SPON ADR (CIG.C) Stock Technical Analysis
NYSE:CIG.C - New York Stock Exchange, Inc. - US2044098828 - ADR - Currency: USD
Overall CIG.C gets a technical rating of 10 out of 10. 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 3206 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.
Looking at the yearly performance, CIG.C did better than 89% of all other stocks. On top of that, CIG.C also shows a nice and consistent pattern of rising prices.
CIG.C is one of the better performing stocks in the Electric Utilities industry, it outperforms 80% of 46 stocks in the same industry.
CIG.C is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so CIG.C is performing more or less in line with the market.
In the last month CIG.C has a been trading in the 2.44 - 3.31 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although CIG.C has an excellent technical rating, it does not present a decent entry opportunity 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
2.21
3.06
We found 4 important support areas.
- A support zone ranging from 2.61 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.36 from a trend line in the weekly time frame.
- Support @2.31 from a horizontal line in the daily time frame.
- Support @2.23 from a horizontal 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 | 89.82 | POSITIVE | CIG.C has a high relative strength, it outperformed 89.82% 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) | UP | POSITIVE | The current price of CIG.C is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.46 | NEUTRAL | The RSI value for CIG.C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests CIG.C has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.78 | OVERBOUGHT | The high Stochastics value suggests CIG.C may be overbought. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG.C suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for CIG.C suggests a possible start of a new 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 (5/30/2025, 8:04:00 PM)
3.03
-0.2 (-6.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-6.19%
1 Week16.26%
2 Weeks18.17%
1 Month19.76%
3 Month15.21%
6 Month25.21%
12 Month31.74%
2 Year14.84%
3 Year17.58%
5 Year92.15%
10 Year-21.22%
15 Year-62.73%
Volatility
ATR(14)0.13
ATR(20)%4.34%
ATR Inc190.94%
Range Today0.24
ADR(20)0.11
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield1.84
10 Day High3.31
10 Day Low2.5
20 Day High3.31
20 Day Low2.44
52 Week High3.31
52 Week Low2.13
CS1 End2.61
CR1 StartN/A
Volume & EV
DER(3)0.29%
DER(5)0.2%
Volume16.90K
Volume Incr392.44%
Vol(5)11.40K
Vol(50)3.21K