Daily Technical Analysis of Companhia Energetica de Minas Gerais CEMIG (CIG) with Strength & Direction
Code | Price | Previous Price | Price Change | Latest Volume | 5 Period Avg Volume | CIG | 1.86 | 1.9 | 2.11 % | 1962 K | 1290 K |
AIO Technical Analysis of Companhia Energetica de Minas Gerais CEMIG suggests
Bearish Signal
Type | Strength | Signal | Analysis |
---|
OneDay | | Strong Bearish | Latest Tick - Strong price drop supported with good volume. |
PSAR | | Bearish | Bearish Crossover and sustaining.. |
KeltnerBand | | Strong Bearish | Negative Breakout |
MACD | | Strong Bearish | Macd /Signal line bearish crossover and Zero line Cross over. Seems to be trending nicely |
DonchianBand | | Bearish | New Low created. Possibility of breakout |
HighLowBand | | Strong Bearish | Negative Breakout |
AwesomeOscillator | | Bearish | Bearish Reversal , Awesome Oscillattor crossing below zero. |
MAChannelBand | | Strong Bearish | Negative Breakout |
BOLLINGER | | Strong Bearish | Negative Breakout |
Supertrend | | Bearish | Bearish Crossover. |
ADI | | Bearish | ADI Nicely Trending down. |
SlowStoChastic | | Bearish | Slow Stochatic is in Text book Oversold level of 20.0 but downtrend seems to be strong. Contrary to theoretical knowledge a long position at this point may be dangerous and further downward momentum is likely |
HighLowMABand | | Strong Bearish | Negative Breakout |