CIA ENERGETICA DE-SPON ADR (CIG) Technical Analysis
NYSE:CIG • US2044096012
Current stock price
CIG Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to CIG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CIG is showing a nice and steady performance.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that CIG is one of the better performing stocks in the market, outperforming 81% of all stocks. We also observe that the gains produced by CIG over the past year are nicely spread over this period.
- CIG is part of the Electric Utilities industry. There are 46 other stocks in this industry. CIG outperforms 73% of them.
- CIG 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 is performing more or less in line with the market.
- CIG has an average volume of 5505150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month CIG has a been trading in the 2.12 - 2.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
CIG Weekly and Daily overview Charts
CIG Setup Rating and Analysis
CIG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.19, a Stop Loss order could be placed below this zone.
More info and screens
CIG Support and Resistance Analysis
1.93
3 important support areas can be observed.
- A support zone ranging from 2.14 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.95 to 1.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
CIG 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 is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIG is neutral. |
| ChartMill Relative Strength | 81.47 | POSITIVE | CIG has a high relative strength, it outperformed 81.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CIG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CIG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CIG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.24 | NEUTRAL | The RSI value for CIG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CIG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.08 | NEUTRAL | The Stochastics value for CIG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for CIG suggests a weak or negative trend. |
CIG Chart- and CandleStick Pattern Analysis
CIG 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 |
|---|---|---|---|
| 2.35 | 2.13 | 0.22 (9.36%) | 10.68% |
| An entry @2.35. This is a Buy Stop order right above the 10 day high. | An exit @2.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.22 points, which is 9.36%. | When investing 10.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:CIG (3/17/2026, 10:41:09 AM)
2.2919
+0.01 (+0.52%)
CIA ENERGETICA DE-SPON ADR / CIG TA FAQ
What is the ChartMill technical rating of CIA ENERGETICA DE-SPON ADR (CIG) stock?
ChartMill assigns a technical rating of 10 / 10 to CIG.
Can you provide the trend direction for CIA ENERGETICA DE-SPON ADR?
The current trend direction for CIA ENERGETICA DE-SPON ADR (CIG) is Bullish.
What is the RSI signal for CIA ENERGETICA DE-SPON ADR (CIG) stock?
CIA ENERGETICA DE-SPON ADR (CIG) has an RSI value of 54.2366. This indicates that the stock is currently neutral.
What is the short term momentum for CIG stock?
The short term momentum for CIA ENERGETICA DE-SPON ADR (CIG) is neutral.
Can you provide the support and resistance levels for CIA ENERGETICA DE-SPON ADR?
CIA ENERGETICA DE-SPON ADR (CIG) has a support level at 2.19. Check the full technical report for our detailed analysis of CIG support and resistance levels.