CIG Stock Analysis: Buy, Sell, or Hold?
CIG - Companhia Energetica De Minas Gerais-CEMIG
$1.95
-0.01 (-0.51%)
▼
5d:
-8.88%
30d:
-9.72%
90d:
-14.1%
WAIT
LOW Confidence
Analysis Updated: Aug 13, 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 $1.95, which is considered oversold relative to its 30-day fair value range of $2.06 to $2.19. From a valuation perspective, the stock is trading at a discount (Forward PE: 11.9) compared to its historical average (13.4). Remarkably, the market is currently pricing in an annual earnings decline of 3.8% over the next few years. This aligns with recent fundamental challenges.
Technical Outlook: Technically, CIG is in a strong downtrend. The price is currently testing key support at $1.93. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CIG scores 15/100 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 strong downtrend. The price is currently testing key support at $1.93. A bounce from this level would confirm strength, while a break below could signal further downside.
Market Sentiment: CIG scores 15/100 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
OVERSOLD
Historical Trading Range
$2.06 -
$2.19
Company Quality Score
37/100
(SELL)
Volume Confirmation
HIGH
Confidence Score
52.4%
All Signals
- BULLISH: Price oversold vs 30-day range
- BEARISH: Weak technical setup (15/100)
- BULLISH: High volume confirmation
- NEUTRAL: Near Wall St target ($2.14)
- WARNING: Composite score 37/100 in the bottom quintile — this cohort historically lags the market
Trading Range Analysis
30-Day Trading Range
$2.06 -
$2.19
Current vs Trading Range
OVERSOLD
Support & Resistance Levels
Support Level
$1.93
Resistance Level
$2.20
Current Trend
Strong Downtrend
Technical data as of
Aug 13, 2026
Fundamental Context
Forward P/E (Next Year Est.)
11.89
Wall Street Target
$2.14
(+9.6%)
Revenue Growth (YoY)
6.3%
Earnings Growth (YoY)
-5.8%
Profit Margin
11.2%
Valuation Discount vs History
-3.8% cheaper
PE vs Historical
11.9 vs 13.4
CHEAP
Market-Implied Price Targets
If current PE multiple persists
Implied Growth (YoY):
-3.8%
(market-implied from PE analysis)
1-Year Target
$1.88
(-4%)
2-Year Target
$1.80
(-8%)
3-Year Target
$1.74
(-11%)
3-Yr Target (if PE normalizes)
(PE: 12→13)
$1.96
(+0%)
3-Year Scenarios
Using analyst projected EPS growth
Bull:
(PE: 20.2, Growth: 446.7%)
$11.20
(+474%)
Base:
(SPY PE: 11.9, Growth: 446.7%)
$6.58
(+238%)
Bear:
(PE: 10.1, Growth: 446.7%)
$5.59
(+187%)
📈
Valuation based on Current Earnings
Trailing PE: 5.94 | Current EPS (TTM): $0.33
Bull Case
$1.08
(-45%)
Analyst growth -50.0%, PE expands to 6.5
Base Case
$0.98
(-50%)
Market implied -50.0%, PE stable at 5.9
Bear Case
$1.33
(-32%)
Severe decline -20.0%, PE contracts to 5.1
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 11.9 to 13.4
Stabilization Target:
$2.20
(+12.7%)
PE Expansion Potential:
+12.7%
Share & Embed Analysis
Last updated: August 13, 2026 10:52 PM ET
Data refreshes hourly during market hours. Next update: 11:52 PM
Data refreshes hourly during market hours. Next update: 11:52 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
NEUTRAL
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