Companhia Energetica De Minas Gerais-CEMIG (CIG, $2.59) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 2, 2024

A.I.dvisor
at Tickeron.com
05/03/24
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CIG - Companhia Energetica De Minas Gerais-CEMIG
MACD signal
Bullish Trend
Odds of UP Trend
MACD signal
Price: $2.59
Daily change: +$0.207229 (+8.7%)
Daily volume: 2.6M
Capitalization: $4.9B
Industry: Electric Utilities
This is a Bullish indicator signaling CIG's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 43 similar cases where CIG's MACD histogram became positive, and of them led to successful outcomes. Odds of Success:
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CIGDaily Signal changed days agoGain/Loss if shorted
 
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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