CIG NEWS why is Comp En De Mn Cemig Ads price falling or rising

CIG NEWS reasons for why stock price of Comp En De Mn Cemig Ads is falling or rising

CIG Comp En is falling or rising technical reasons

Technical analysis forecast for Comp En Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Comp En CIG at this time. Stock is falling and might fall more.

It appears as if Comp En CIG gave a large move recently.

Stock of Comp En (CIG) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Comp En is bearish for shortterm, and stock might move down till 1.8 or till 1.8. Use a stoploss of 1.89 and if the stock hits stoploss, then it can shoot up till 1.94

CIG Comp En is falling or rising NEWS fundamental reasons

More announcements and NEWS

CIG Comp En De Mn Cemig Ads current price & indicator signals

Moving Averages for Comp En De Mn Cemig Ads

  • 5Day Average: 1.82
  • 12Day Average: 1.84
  • 20Day Average: 1.84
  • 50Day Average: 2.14
  • 100Day Average: 2.27
  • 150Day Average: 2.28
  • 200Day Average: 2.31

CIG Indicators & signals

Indicator MACD (12,26,9)

1.83, 1.91, -0.1
Indicator MACD is in negative zone

Indicator ADX (14)

16.67, 50, 70
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CIG Comp En De Mn Cemig Ads are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Fri Jul 2024 1.85 1.82 to 1.87 0% 1.11 times
03 Wed Jul 2024 1.85 1.77 to 1.85 0% 0.79 times
03 Wed Jul 2024 1.85 1.77 to 1.85 5.11% 0.79 times
02 Tue Jul 2024 1.76 1.73 to 1.78 -0.56% 0.89 times
01 Mon Jul 2024 1.77 1.74 to 1.79 0.57% 1.05 times
28 Fri Jun 2024 1.76 1.76 to 1.81 -3.3% 0.85 times
27 Thu Jun 2024 1.82 1.80 to 1.86 -1.62% 1.33 times
26 Wed Jun 2024 1.85 1.83 to 1.88 -3.14% 0.6 times
25 Tue Jun 2024 1.91 1.90 to 1.97 -2.05% 0.82 times
24 Mon Jun 2024 1.95 1.91 to 1.95 2.09% 1.05 times
21 Fri Jun 2024 1.91 1.85 to 1.93 4.37% 1.84 times
20 Thu Jun 2024 1.83 1.83 to 1.88 0.55% 1.08 times

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