CIG   $1.98  -4.35% Market Closed After Close 2.0014 1.08%

Energy of Minas Gerais Co
Last Events:

2023-11-24 The hottest instrument.

2023-11-22 The hottest instrument.

2023-08-09 Signal in EMA100 changed from bullish reversal to bearish reversal. The price is trying to cross down the moving average line If the intersection will be successful, then a downside trend can be formed.

2023-08-09 Trend Power changed from medium strength to slow.

2023-08-06 Trend pattern changed from восходящий клин to восходящий треугольник.

2023-08-06 Signal in MACD changed from bearish reversal to bearish. Oscillator MACD is in the negative territory it's lower than the signal line and it crossed the zero line from the top. These factors mean that there is probably a falling trend. Last signal: down-crossing the middle level.

2023-08-05 Signal in RSI changed from bullish weakening to bearish. RSI indicator is in the lower part of the neutral territory and it falls. These factors indicate that negative dynamics persists. Last signal: exit from the overbought zone.

2023-08-05 Signal in EMA50 changed from bullish reversal to bearish reversal. The price is trying to cross down the moving average line If the intersection will be successful, then a downside trend can be formed.


Current temperature: 11.62
ST: 0, Cor:

50-50 Year Forecast
Low with % probability:
Target: 1.94
High with % probability:
Analyst Recommendations:
Number of estimates 3
Target Price Mean 2.10
Mean unverified/preliminary 2.10 / 2.10
Target Price Low / High 1.80 / 2.30
Median / STD DEV 2.20 / 0.26
Tech Forecasts:
More signals
  < 1M 1-3M > 3M
total None Buy ActivelyBuy
rsi Sell ActivelyBuy ActivelyBuy
macd None None None
stoch None None None
ma20 Sell ActivelyBuy ActivelyBuy
ma50 None None None
ma100 None Buy None
Candlestick PatternNov. 19, 2024 Evening Doji Star -
ISIN US2044096012
ceo Mr. Reynaldo Passanezi Filho
Website https://www.cemig.com.br
Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2023, the company operated 57 hydro plants with a total capacity of 5,010.4 MW, 9 wind farms with a total capacity of 175.7 MW, and 2 photovoltaic power stations with a total capacity of 3.9 MW; 344,006 miles of distribution lines; and 4,653 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.