Key Drivers
- Below last-month SMA
- Neutral RSI
- Resistance cluster $3.04–$3.11
AIAI Summary
CEMIG should be reclassified from a defensive, yield-first utility to a high-yield, execution‑and‑cash‑flow‑sensitive mid‑cap—its attractive ~10–14% yield is largely backed by accounting earnings and a ~93% payout with weak free cash flow, so treat the stake as “yield with conditional durability” and watch upcoming free‑cash‑flow, capex guidance, and any dividend policy or capital‑raising moves as the decisive indicators of sustainability.
Price Chart
Financial Metrics
Deep Analysis
Research tool. Not personalized advice.
Fundamental Analysis
Price Behavior
Key Price Behavior Insights:
- •Below last-month SMA
- •Neutral RSI
- •Resistance cluster $3.04–$3.11
Price sits just below the last month SMA after a pullback from a late‑February high, with neutral RSI (~57), resistance at $3.04–$3.11 to confirm an uptrend and support at $2.85–$2.88 as the nearest cushion.
Pullback from late‑February peak
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