CIG Companhia Energetica De Minas Gerais-CEMIG Forecast, Technical & Fundamental Analysis

Momentum Indicator for CIG turns positive, indicating new upward trend

CIG saw its Momentum Indicator move above the 0 level on August 07, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 100 similar instances where the indicator turned positive. In of the 100 cases, the stock moved higher in the following days. The odds of a move higher are at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 56 cases where CIG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CIG just turned positive on August 07, 2025. Looking at past instances where CIG's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

CIG moved above its 50-day moving average on August 06, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CIG advanced for three days, in of 277 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Aroon Indicator for CIG entered a downward trend on August 07, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.