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CIG
Stock ticker: NYSE
AS OF
Mar 28, 04:59 PM (EDT)
Price
$1.81
Change
+$0.02 (+1.12%)
Capitalization
5.81B

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

Cia Energetica DE Minas Gerais - Cemig Formerly Energy Company of Minas Gerais is a Brazilian power company that generates, transmits, and distributes electricity... Show more

CIG
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for CIG with price predictions
Mar 27, 2025

CIG's Stochastic Oscillator remains in oversold zone for 2 days

Be on the lookout for a price bounce soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The 50-day moving average for CIG moved above the 200-day moving average on March 20, 2025. This could be a long-term bullish signal for the stock as the stock shifts 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 285 cases, the price rose further within the following month. The odds of a continued upward trend are .

CIG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 256 cases where CIG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 21, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on CIG as a result. In of 99 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for CIG turned negative on March 21, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .

CIG moved below its 50-day moving average on March 21, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CIG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.121) is normal, around the industry mean (1.716). P/E Ratio (5.228) is within average values for comparable stocks, (23.614). CIG's Projected Growth (PEG Ratio) (0.291) is slightly lower than the industry average of (2.640). Dividend Yield (0.095) settles around the average of (0.069) among similar stocks. P/S Ratio (0.763) is also within normal values, averaging (3.124).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. CIG’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

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CIG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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A.I. Advisor
published Earnings

CIG is expected to report earnings to fall 8.91% to 5 cents per share on May 07

Companhia Energetica De Minas Gerais-CEMIG CIG Stock Earnings Reports
Q1'25
Est.
$0.06
Q4'24
Missed
by $0.02
Q3'24
Beat
by $0.06
Q2'24
Est.
$0.11
Q1'24
Beat
by $0.01
The last earnings report on March 21 showed earnings per share of 6 cents, missing the estimate of 7 cents. With 3.05M shares outstanding, the current market capitalization sits at 5.81B.
A.I.Advisor
published Dividends

CIG paid dividends on September 09, 2024

Companhia Energetica De Minas Gerais-CEMIG CIG Stock Dividends
А quarterly dividend of $0.09 per share was paid with a record date of September 09, 2024, and an ex-dividend date of August 26, 2024. Read more...
A.I. Advisor
published General Information

General Information

a distributor of electricity, gas distribution, telecommunications and the provision of energy solutions

Industry ElectricUtilities

Profile
Fundamentals
Details
Industry
Electric Utilities
Address
Avenida Barbacena, 1200
Phone
+55 3135065024
Employees
4969
Web
https://www.cemig.com.br
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CIG and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, CIG has been closely correlated with EBR. These tickers have moved in lockstep 81% of the time. This A.I.-generated data suggests there is a high statistical probability that if CIG jumps, then EBR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CIG
1D Price
Change %
CIG100%
-1.65%
EBR - CIG
81%
Closely correlated
-0.41%
ELP - CIG
54%
Loosely correlated
-0.27%
ELPC - CIG
43%
Loosely correlated
+1.04%
BKH - CIG
27%
Poorly correlated
+0.24%
ENIC - CIG
27%
Poorly correlated
+0.30%
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