CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$2.20
-0.01 (-0.45%)
▼
5d:
+2.33%
30d:
+12.24%
90d:
+5.26%
WAIT
LOW Confidence
Analysis Updated: Sep 11, 2026 12:00 AM ET
Earnings: Aug 13, 2026
0d
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Interactive Price Chart (1 Month)
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Bottom Line:
📊 MIXED SIGNALS: CIG shows conflicting indicators. Wait for confirmation before entering.
📊 MIXED SIGNALS: CIG shows conflicting indicators. Wait for confirmation before entering.
In-depth Analysis How we analyze
Valuation Analysis: CIG is currently trading at $2.20, which is considered extended relative to its 30-day fair value range of $1.94 to $2.15. The stock's valuation (Forward PE: 12.4) is in line with its historical norms (13.2). Remarkably, the market is currently pricing in an annual earnings decline of 2.1% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, CIG is in a downtrend. Immediate support is located at $1.94, while resistance sits at $2.27.
Market Sentiment: CIG scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Current signals suggest waiting for a better entry point before initiating new positions.
Technical Outlook: Technically, CIG is in a downtrend. Immediate support is located at $1.94, while resistance sits at $2.27.
Market Sentiment: CIG scores 0/100 on our bottoming-setup gauge. Note this measures entry quality, not trend direction — a low score can mean the chart is extended after a strong run (don't chase) or still falling without stabilization; better entries typically come after a pullback toward the 20-day average. Current signals suggest waiting for a better entry point before initiating new positions.
Quick Decision Summary
Current Position
EXTENDED
Historical Trading Range
$1.94 -
$2.15
Company Quality Score
27/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
21.4%
All Signals
- BEARISH: Price extended above range
- BEARISH: Weak technical setup (0/100)
- BULLISH: High volume confirmation
- BEARISH: Trading above Wall St target ($2.05)
- WARNING: Composite score 27/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$1.94 -
$2.15
Current vs Trading Range
EXTENDED
Support & Resistance Levels
Support Level
$1.94
Resistance Level
$2.27
Current Trend
Downtrend
Technical data as of
Sep 11, 2026
Fundamental Context
Forward P/E (Next Year Est.)
12.43
Wall Street Target
$2.05
(-6.7%)
Revenue Growth (YoY)
3.4%
Earnings Growth (YoY)
-20.4%
Profit Margin
10.5%
Valuation Discount vs History
-2.1% cheaper
PE vs Historical
12.4 vs 13.2
FAIR
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-2.1%
(market-implied from PE analysis)
1-Year Target
$2.15
(-2%)
2-Year Target
$2.11
(-4%)
3-Year Target
$2.06
(-6%)
3-Yr Target (if PE normalizes)
(PE: 12→13)
$2.19
(0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 490.0%)
$12.05
(+448%)
Base:
(SPY PE: 12.4, Growth: 490.0%)
$7.43
(+238%)
Bear:
(PE: 10.6, Growth: 490.0%)
$6.31
(+187%)
📈
Valuation based on Current Earnings
Trailing PE: 6.91 | Current EPS (TTM): $0.32
Bull Case
$1.34
(-39%)
Analyst growth -44.7%, PE expands to 7.6
Base Case
$1.22
(-44%)
Market implied -44.7%, PE stable at 6.9
Bear Case
$1.50
(-32%)
Severe decline -20.0%, PE contracts to 5.9
These are projections based on PE multiples and EPS growth scenarios, not predictions. Actual results may vary significantly.
💡
Upside Surprise Potential
If earnings stabilize (0% growth), PE could expand from 12.4 to 13.2
Stabilization Target:
$2.34
(+6.2%)
PE Expansion Potential:
+6.2%
Share & Embed Analysis
Last updated: September 12, 2026 12:57 PM ET
Data refreshes hourly during market hours. Next update: 1:57 PM
Data refreshes hourly during market hours. Next update: 1:57 PM
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Technical Signals Check
Is CIG showing a specific setup today?
Insider Activity (6 Months)
0
Buys
0
Sells
0
Net
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