CIA ENERGETICA DE-SPON ADR (CIG) Stock Technical Analysis
NYSE:CIG - New York Stock Exchange, Inc. - US2044096012 - ADR - Currency: USD
Taking everything into account, CIG scores 3 out of 10 in our technical rating. CIG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month CIG has a been trading in the 1.84 - 2.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
CIG has an average volume of 3192270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, CIG outperforms 45% of them, which is more or less in line with the market.
CIG is part of the Electric Utilities industry. There are 47 other stocks in this industry, CIG did better than 43% of them.
CIG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CIG is lagging the market.
Although the technical rating is bad, CIG does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
1.66
2.03
When analyzing the support we can see 3 important areas.
- Support @1.78 from a horizontal line in the daily time frame.
- Support @1.71 from a horizontal line in the weekly time frame.
- Support @1.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.88 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CIG is neutral. |
| ChartMill Relative Strength | 45.77 | NEUTRAL | CIG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CIG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CIG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CIG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.8 | 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. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for CIG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for CIG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.77 | NEGATIVE | The low ADX value for CIG 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 (7/15/2025, 4:43:49 PM)
1.87
-0.01 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg-0.53%
1 Week-6.03%
2 Weeks-4.59%
1 Month-1.58%
3 Month6.86%
6 Month9.36%
12 Month0.54%
2 Year-7.57%
3 Year9.5%
5 Year42.14%
10 Year19.92%
15 Year-72.88%
Volatility
ATR(14)0.05
ATR(20)%2.47%
ATR Inc3.7%
Range Today0.05
ADR(20)0.04
ADR(20)%2.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.77
Mansfield-0.88
10 Day High2.02
10 Day Low1.85
20 Day High2.02
20 Day Low1.84
52 Week High2.19
52 Week Low1.59
CS1 End1.78
CR1 Start1.88
Volume & EV
DER(3)-7.73%
DER(5)-5.59%
Volume3.66M
Volume Incr-7.8%
Vol(5)3.07M
Vol(50)3.19M