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Comp En De Mn Cemig ADS

Stage 1 · Basing · week 6

As of Oct 22, 2026, Comp En De Mn Cemig ADS is in Stage 1, the basing phase, now in week 6 (since Sep 17, 2026). It closed at $2.28, 12.9% below its 52-week high and above its 200-day average, which is rising.

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. More about the company

$2.28
-0.39% today
$6.5B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Basing, not in an uptrend yet

Setup score

—

Momentum

Accelerating ⇈

Edge

—

Is CIG early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 23w
S2 32w
S2 17w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 3w → S3 10w → S2 2w → S3 3w → S4 2w → S1 1w → S2 1w → S1 2w → S4 3w → S1 1w → S2 23w → S3 2w → S2 12w → S3 11w → S4 5w → S1 2w → S2 3w → S1 1w → S4 5w → S1 3w → S2 32w → S3 3w → S2 17w → S3 8w → S4 6w → S1 5w current
Total tracked: 165 weeks across 26 stage runs.

CIG among Utilities - Regulated Electric5th of 42 by relative strength

All 42 →
Stocks in Utilities - Regulated Electric ranked by relative strength, with stage and one-month change
#StockStageRS1M
1ELPCStage 2 · wk 687+12.9%
2CIG-CStage 2 · wk 783+6.9%
3CEPUStage 4 · wk 1078−12.4%
4NWEStage 2 · wk 177+12.3%
5CIGStage 1 · wk 672+9.1%
6PNWStage 4 · wk 370+15.8%
7EDStage 4 · wk 368+13.3%
8ETRStage 4 · wk 367+9.0%
vs 52W High
-12.9%
$1.84 lo$2.62 hi
12.9% below 52W high, pullback range
Stock is basing below old highs. A volume-backed breakout to new highs would be the Stage 2 signal to watch.
Stage Maturity
Week 6
1w13w26w
Week 6, early base
How long this stock has been basing. Longer bases can produce stronger breakouts, but the breakout itself is the signal.
vs 200 DMA
5.8%
200 DMA: $2.16 · rising
Stock is testing its 200 DMA as part of the base. Reclaiming and holding above it is a key Stage 2 prerequisite.
Rel Volume
0.79x
vs 50-day avg
Volume in Stage 1 basing is typically quiet. A surge in volume on an upside breakout is the signal to watch.
Trend Health
↑ ⇈
Short-term trend rising strongly, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+9.1%
3M
+7.0%
6M
-8.9%
YTD
+17.6%
1Y
+23.0%
Scan Membership
Breakout Watch
Latest: 2025-06-13
15 appearances in last 60 days. First seen: 2018-10-30.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S1
Wk 6 · Vol 0.79x
2026-10-21S1
Wk 5 · Vol 0.78x
2026-10-20S1
Wk 5 · Vol 0.53x
2026-10-19S1
Wk 5 · Vol 0.96x
2026-10-16S1
Wk 5 · Vol 1.36x
2026-10-15S1
Wk 5 · Vol 1.33x
2026-10-14S1
Wk 4 · Vol 0.87x
2026-10-13S1
Wk 4 · Vol 1.18x
2026-10-12S1
Wk 4 · Vol 0.31x
2026-10-09S1
Wk 4 · Vol 1.07x
2026-10-08S1
Wk 4 · Vol 1.22x
2026-10-07S1
Wk 3 · Vol 0.93x
Moving averages & range
50 DMA
$2.14
200 DMA
$2.16
52W High
$2.62
52W Low
$1.84
5D Low
$2.28
Resistance levels (recent highs)
20d High
$2.41
60d High
$2.41
120d High
$2.41
250d High
$2.62
Next resistance
+5.7%
to 20d High
P/E (TTM)
7.4
Forward 15.2
Earnings Growth (YoY)
-20.4%
Revenue +3.4%
ROE
+15.9%
Profit margin +10.5%
Dividend Yield
6.42%
P/B 1.1

Comp En De Mn Cemig ADS: quick answers

What stage is Comp En De Mn Cemig ADS in?

As of Oct 22, 2026, Comp En De Mn Cemig ADS (CIG) is in Stage 1, the basing phase. It entered Stage 1 on Sep 17, 2026 and is in week 6. What the four stages mean

Is Comp En De Mn Cemig ADS in an uptrend?

Not yet. Comp En De Mn Cemig ADS is in Stage 1, a base that can come before an uptrend. It trades 5.8% above its 200-day average, which is rising.

How far is Comp En De Mn Cemig ADS from its 52-week high?

Comp En De Mn Cemig ADS closed at $2.28 on Oct 22, 2026, 12.9% below its 52-week high of $2.62. Its 52-week low is $1.84.

How has Comp En De Mn Cemig ADS performed over the past year?

As of Oct 22, 2026, Comp En De Mn Cemig ADS is up 23.0% over the past year and up 17.6% so far in 2026.

Which sector and industry is Comp En De Mn Cemig ADS in?

Comp En De Mn Cemig ADS is in the Utilities - Regulated Electric industry, part of the Utilities sector.

About this companyUtilities· Utilities - Regulated Electric

Companhia Energética de Minas Gerais - CEMIG, through its subsidiaries, engages in the generation, transmission, distribution, and sale of energy in Brazil. As of December 31, 2025, the company operated 32 hydro plants with a total capacity of 4,434 M, 2 wind farms with a total capacity of 71 MW, and 12 photovoltaic power stations with a total capacity of 169 MW; 365,577 miles of distribution lines; and 4,865 miles of transmission lines. It is also involved in the acquisition, transportation, and distribution of gas and its sub products and derivatives; sale and trading of energy; construction, implementation, operation and maintenance of electricity transmission; marketing and intermediation of energy-related business; installation, operation, maintenance and rental of solar plants; and distributed generation, account services, cogeneration, energy efficiency, and supply and storage management activities. The company was incorporated in 1952 and is headquartered in Belo Horizonte, Brazil.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.