CIG Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Energy of Minas Gerais Co (CIG) Moving Averages Convergence Divergence (MACD) indicator is -0.0694, suggesting CIG is Strong Sell.

Energy of Minas Gerais Co (CIG) 20-Day simple moving average is 2.116, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it Sell.

Energy of Minas Gerais Co (CIG) 60-Day simple moving average is 2.358, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it Sell.

Technical Analysis for CIG

Technical Sentiment Analysis for Energy of Minas Gerais Co (CIG) As of 2026-06-18, Energy of Minas Gerais Co (CIG) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CIG stands at 33.657, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0694, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 22.523 and the Commodity Channel Index (CCI) at -103.979 further confirm a -0.05 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CIG is trading above its 60-day moving average of $2.358 and above its 200-day long-term moving average of $2.182. Key price levels to watch include the immediate resistance at $2.18 and strong support at $1.995. A break above $2.18 could signal a bull continuation, while falling below $1.995 may test the next Fibonacci floor at $1.918.

Energy of Minas Gerais Co (CIG) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.81	1.918	1.995	2.103	2.18	2.288	2.365
Fibonacci	1.918	1.988	2.032	2.103	2.173	2.217	2.288

Energy of Minas Gerais Co (CIG) Technical Indicators

2026-06-18

Name	Value
RSI_14	33.657
STOCHk_14_3_3	22.523
STOCHd_14_3_3	28.748
CCI_20	-103.979
AO_5_34	-0.125
MOM_10	-0.05
MACD_12_26_9	-0.0694

Energy of Minas Gerais Co (CIG) Relative Strength Index (RSI) is 33.657, creating a Neutral signal.

Energy of Minas Gerais Co (CIG) Stochastic Oscillator is 22.523, creating a Neutral signal.

Energy of Minas Gerais Co (CIG) Stochastic RSI is 28.748, creating a Neutral signal.

Energy of Minas Gerais Co (CIG) Commodity Channel Index (CCI) is -103.979, creating a Buy signal.

Energy of Minas Gerais Co (CIG) Awesome Oscillator is -0.125, creating a Sell signal.

Energy of Minas Gerais Co (CIG) Momentum is -0.05, creating a Sell signal.

Energy of Minas Gerais Co (CIG) MACD is -0.0694, creating a Sell signal.

Energy of Minas Gerais Co (CIG) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	2.076	Sell
MA_10	2.073	Sell
MA_20	2.116	Sell
MA_60	2.358	Sell
MA_200	2.182	Sell
MA_250	2.129	Sell

Energy of Minas Gerais Co (CIG) 5-Day simple moving average is 2.076, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

Energy of Minas Gerais Co (CIG) 10-Day simple moving average is 2.073, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

Energy of Minas Gerais Co (CIG) 20-Day simple moving average is 2.116, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

Energy of Minas Gerais Co (CIG) 60-Day simple moving average is 2.358, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

Energy of Minas Gerais Co (CIG) 200-Day simple moving average is 2.182, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

Energy of Minas Gerais Co (CIG) 250-Day simple moving average is 2.129, while Energy of Minas Gerais Co (CIG) share price is $2.05, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for CIG?

The overall technical consensus for Energy of Minas Gerais Co (CIG) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 buy signals and 3 sell signals.

What are the key support and resistance levels for Energy of Minas Gerais Co (CIG) today?

Based on pivot point calculations, Energy of Minas Gerais Co (CIG) has an immediate support level at 1.995 and a major resistance level at 2.18. Traders also monitor the pivot point at 2.103 to determine the intraday trend direction.

Is Energy of Minas Gerais Co (CIG) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Energy of Minas Gerais Co (CIG) is currently 33.657. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Energy of Minas Gerais Co (CIG)?

Energy of Minas Gerais Co (CIG) Moving Averages Convergence Divergence (MACD) indicator is -0.0694, suggesting CIG is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Energy of Minas Gerais Co.

How is Energy of Minas Gerais Co (CIG) performing relative to its 200-day moving average?

Energy of Minas Gerais Co (CIG) is currently trading at $2.05, which is below its 200-day simple moving average of 2.182. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.