Companhia Energética de Minas Gerais is a Brazilian electric utility based in Belo Horizonte that generates, transmits and distributes electricity, mainly in the state of Minas Gerais. Its generation fleet relies heavily on hydroelectric plants, and it also supplies power to industrial, commercial, residential and rural customers through its distribution business. The company is controlled by the state government of Minas Gerais and serves a broad base of customers across its home region.
On this site Companhia Energética de Minas Gerais appears as a stock on the Mexican Exchange (Mexico), code CIGN, with prices in Mexican pesos (MXN). Our dividend records, which start in 2019, show payments in one calendar year. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.
Market X-Ray · price-based
Weak price profile
Ranks #334 of 361 on the Mexican Exchange · confidence High
What this score is, and is not
It describes how this stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is. That fundamental X-Ray needs financial statements, which we do not have for Mexico yet.
TrendWeak
15/100
Below its long-term averages and far from its highs.
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Above 200-day average-11.6%
From 52-week high-29.8%
MomentumWeak
18/100
Lagging most stocks on this exchange.
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3-month return-13.2%
6-month return-22.9%
12-month, skipping last month-2.5%
Stability (higher is calmer)Weak
40/100
Volatile, with deep drawdowns.
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Volatility, 1 year (lower is calmer)30.8%
Worst drawdown, 1 year (smaller is calmer)-29.8%
LiquidityWeak
5/100
Thinly traded: prices can jump and exits can be hard.
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Avg daily value traded0.00M MXN
Zero-volume days96.7%
IncomeNone
–/100
Pays no dividend.
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Years with dividends0
Price-based X-Ray. The fundamental X-Ray (financial health, valuation, growth, fair value) is available for US stocks today. It will follow for Mexico when fundamentals data for this market is added. All Mexico stocks.
52-wk range 33.00 – 47.00Daily closes, split-adjusted
Signals
50-day average34.00
200-day average37.33
Golden/death cross (60d)Death, 39 days ago
New 52-week highNo
Bullish RSI divergenceNo
Average daily range (ATR)0.02
Technical summary
Daily
Strongly bearish
2 bullish · 2 neutral · 10 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
SMA 10
33.00
Bearish
EMA 10
33.00
Bearish
SMA 20
33.00
Bullish
EMA 20
33.09
Bearish
SMA 50
34.00
Bearish
EMA 50
34.01
Bearish
SMA 100
35.76
Bearish
EMA 100
35.35
Bearish
SMA 200
37.33
Bearish
EMA 200
36.25
Bearish
Oscillators (daily)
RSI (14)
6.41
Bullish
MACD (12, 26)
-0.22
Bearish
Momentum (12)
0.00
Neutral
Stochastic %K (14)
–
n/a
Williams %R (14)
–
n/a
CCI (20)
44.44
Neutral
Pivot points (classic, last session)
S3
33.00
S2
33.00
S1
33.00
Pivot
33.00
R1
33.00
R2
33.00
R3
33.00
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.00 MXN
Yield on today's price
–
Frequency
None in the last year
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
0.1111
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
Prices are end-of-day closes in MXN. Educational only, not financial advice.