CIA ENERGETICA DE-SPON ADR (CIG.C) Technical Analysis
NYSE:CIG.C • US2044098828
Taking everything into account, CIG.C scores 7 out of 10 in our technical rating. 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.
- CIG.C is part of the Electric Utilities industry. There are 46 other stocks in this industry, of which 64% are performing better than CIG.C.
- 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 near the lows of this range.
- Warning: CIG.C has an average volume of 5768 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- 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 69% of all stocks.
- 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.
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. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 2.84, a Stop Loss order could be placed below this zone.
More info and screens
2.48
We found 3 important support areas.
- A support zone ranging from 2.81 to 2.84. 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 2.57. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.05 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for CIG.C is neutral. |
| ChartMill Relative Strength | 69.33 | NEUTRAL | CIG.C is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CIG.C is below 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) | 46.76 | NEUTRAL | The RSI value for CIG.C is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests CIG.C has a negative trend. |
| Stochastics (14,3) | 28.75 | NEUTRAL | The Stochastics value for CIG.C is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG.C suggests some volalility. |
| Average Directional Index/ADX (14) | 30.92 | POSITIVE | The high ADX value value for CIG.C suggests a strong trend. |
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 |
|---|---|---|---|
| 2.99 | 2.80 | 0.19 (6.50%) | 15.39% |
| An entry @2.99. This is a Buy Stop order right above the 10 day moving average. | An exit @2.80. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.19 points, which is 6.50%. | For a 1.00% total portfolio risk, you can invest 15.39% of your capital in this trade. |
- 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 (3/6/2026, 8:07:18 PM)
2.871
+0.02 (+0.74%)
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 7 / 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 46.7644. 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.