Companhia Energetica De Minas Gerais-CEMIG (CIG) Technical Analysis
$2.15▲2.38%
Insights
- Companhia Energetica De Minas Gerais-CEMIG is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
- Based on analysis of the Oscillators technical indicator, the current market trend for Companhia Energetica De Minas Gerais-CEMIG stock suggests that it is range bound and no decision can be made based on this information
- Based on analysis of the Moving Averages technical indicator, Companhia Energetica De Minas Gerais-CEMIG stock is Range bound.
- Based on analysis of the Pivot Points, the current market trend for Companhia Energetica De Minas Gerais-CEMIG stock suggests that it is a good time to buy
Analysis Summary
Oscillators
Sell
Neutral
Buy
Moving Averages
Sell
Neutral
Buy
Pivots
Sell
Neutral
Buy
Oscillators
Name | Value | Action |
|---|---|---|
Relative Strength Index | 50.86 | Neutral |
Stochastic | 48.48, 64.31 | Neutral |
Ultimate Oscillator | 44.05 | Neutral |
Stochastic Relative Strength Index | 50.61, 66.01 | Neutral |
Moving Average Convergence Divergence | 0.03, 0.02 | Buy |
Moving Averages
Simple Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.15 | Buy |
20 | 2.06 | Sell |
50 | 2.09 | Sell |
Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.13 | Buy |
20 | 2.1 | Sell |
50 | 2.1 | Sell |
Volume Weighted Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.16 | Neutral |
20 | 2.07 | Neutral |
50 | 2.1 | Neutral |
Double Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.17 | Buy |
20 | 2.14 | Buy |
50 | 2.04 | Buy |
Triple Exponential Moving Average
Period (Days) | Value | Action |
|---|---|---|
10 | 2.17 | Sell |
20 | 2.18 | Buy |
50 | 2.1 | Buy |
Pivot
Pivot | Value |
|---|---|
Resistance L3 | 2.24 |
Resistance L2 | 2.2 |
Resistance L1 | 2.18 |
Pivot Point | 2.14 |
Support L1 | 2.12 |
Support L2 | 2.08 |
Support L3 | 2.06 |
*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.