Energy Of Minas Gerais Co (CIG.C) Technical Analysis

$2.83▲1.07%

Insights

Energy Of Minas Gerais Co 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 Energy Of Minas Gerais Co stock suggests that it is a good time to sell or bad time to initiate a fresh position
Based on analysis of the Moving Averages technical indicator, Energy Of Minas Gerais Co stock is in a uptrend ↗️
Based on analysis of the Pivot Points, the current market trend for Energy Of Minas Gerais Co 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	66.64	Sell
Stochastic	100.0, 89.34	Neutral
Ultimate Oscillator	76.91	Sell
Stochastic Relative Strength Index	100.0, 78.2	Neutral
Moving Average Convergence Divergence	0.03, 0.01	Buy

Moving Averages

Simple Moving Average

Period (Days)	Value	Action
10	2.65	Buy
20	2.63	Buy
50	2.62	Sell

Exponential Moving Average

Period (Days)	Value	Action
10	2.67	Buy
20	2.64	Buy
50	2.63	Sell

Volume Weighted Moving Average

Period (Days)	Value	Action
10	2.69	Buy
20	2.65	Buy
50	2.61	Buy

Double Exponential Moving Average

Period (Days)	Value	Action
10	2.71	Buy
20	2.67	Buy
50	2.62	Buy

Triple Exponential Moving Average

Period (Days)	Value	Action
10	2.73	Buy
20	2.7	Buy
50	2.64	Buy

Pivot

Pivot	Value
Resistance L3	2.71
Resistance L2	2.7
Resistance L1	2.7
Pivot Point	2.69
Support L1	2.68
Support L2	2.67
Support L3	2.67

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.