Companhia Energética de Minas Gerais

Fundamentals0.0
Price Action5.4
News Sentiment0.0
AI Rating
5.0

Key Drivers

  • Higher lows
  • $3.00 hold
  • Breakout unconfirmed

AI
AI Summary

5.0

CIG-C should be viewed less as a “cheap utility” and more as a leveraged income play where the 11.1% yield and low P/E mainly compensate for weak free-cash-flow coverage, margin compression, and balance-sheet risk—so the stock is investable only if earnings durability improves and price can clear the 3.08–3.10 resistance zone without losing the 3.00 support.

Stabilization‍

Price Chart

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Financial Metrics

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Revenue (TTM)
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Net Income (TTM)
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EPS (Q)
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MCAP

Deep Analysis

Research tool. Not personalized advice.

Fundamental Analysis

0.0

Price Behavior

5.4
Research tool. Not personalized advice. Technical analysis is for informational purposes only.

Key Price Behavior Insights:

  • Higher lows
  • $3.00 hold
  • Breakout unconfirmed

CIG-C's last month trend is modestly bullish, rebounding from $2.90 and holding above $3.00, but it still needs a clean push through $3.08-$3.10 to confirm a breakout.

bullish
neutral
Support Level: $3.00
Resistance Level: $3.08-$3.10

Sharp rebound from the $2.90 low and a brief dip to $2.97 before recovering above $3.00 indicate improving but fragile momentum

Sentiment & News

0.0