Technical Sentiment Analysis for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) As of 2026-03-02, Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for CIG.C stands at 55.237, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.0734, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.889 and the Commodity Channel Index (CCI) at 44.958 further confirm a 0.085 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, CIG.C is trading above its 60-day moving average of $2.746 and above its 200-day long-term moving average of $2.703. Key price levels to watch include the immediate resistance at $3.139 and strong support at $2.839. A break above $3.139 could signal a bull continuation, while falling below $2.839 may test the next Fibonacci floor at $2.674.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	2.539	2.674	2.839	2.974	3.139	3.274	3.439
Fibonacci	2.674	2.789	2.86	2.974	3.089	3.16	3.274

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Technical Indicators

2026-03-02

Name	Value
RSI_14	55.237
STOCHk_14_3_3	78.889
STOCHd_14_3_3	87.785
CCI_20	44.958
AO_5_34	0.192
MOM_10	0.085
MACD_12_26_9	0.0734

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Relative Strength Index (RSI) is 55.237, creating a Neutral signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Stochastic Oscillator is 78.889, creating a Neutral signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Stochastic RSI is 87.785, creating a Sell signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Commodity Channel Index (CCI) is 44.958, creating a Neutral signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Awesome Oscillator is 0.192, creating a Buy signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Momentum is 0.085, creating a Buy signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) MACD is 0.0734, creating a Buy signal.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Moving Average

2026-03-02

Period	Simple	Signal
MA_5	3.056	Sell
MA_10	3.003	Sell
MA_20	2.944	Buy
MA_60	2.746	Buy
MA_200	2.703	Buy
MA_250	2.665	Buy

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 5-Day simple moving average is 3.056, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Sell.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 10-Day simple moving average is 3.003, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Sell.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 20-Day simple moving average is 2.944, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Buy.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 60-Day simple moving average is 2.746, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Buy.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 200-Day simple moving average is 2.703, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Buy.

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) 250-Day simple moving average is 2.665, while Companhia Energetica De Minas Gerais-CEMIG (CIG.C) share price is $2.99, making it a Buy.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for CIG.C?

The overall technical consensus for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 3 buy signals and 1 sell signals.

What are the key support and resistance levels for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) today?

Based on pivot point calculations, Companhia Energetica De Minas Gerais-CEMIG (CIG.C) has an immediate support level at 2.839 and a major resistance level at 3.139. Traders also monitor the pivot point at 2.974 to determine the intraday trend direction.

Is Companhia Energetica De Minas Gerais-CEMIG (CIG.C) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is currently 55.237. 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 Companhia Energetica De Minas Gerais-CEMIG (CIG.C)?

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) Moving Averages Convergence Divergence (MACD) indicator is 0.0734, suggesting CIG.C is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Companhia Energetica De Minas Gerais-CEMIG.

How is Companhia Energetica De Minas Gerais-CEMIG (CIG.C) performing relative to its 200-day moving average?

Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is currently trading at $2.99, which is above its 200-day simple moving average of 2.703. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

CIG.C Technical

CIG.C Technical

Technical Sentiment

Overall Consensus

Technical Analysis Consensus

Moving Average Consensus

Technical Analysis for CIG.C