Get the Stockscreener App
3.65
1.39%
0.05
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Forecast
The Companhia Energetica De Minas Gerais-CEMIG (CIG.C) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $3.6117, representing a -1.05% decrease from the current price of $3.65. The highest analyst price target is $3.7553, and the lowest is $3.4681.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month CIG.C Price Target
Average 4.2792
(+17.24% Upside)
Is Companhia Energetica De Minas Gerais-CEMIG (CIG.C) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 65.19 | Neutral |
| STOCH(9,6) | 63.21 | Neutral |
| STOCHRSI(14) | 96.45 | Sell |
| MACD(12,26) | 0.1071 | Buy |
| ADX(14) | 30.34 | Buy |
| William %R | -16.53 | Sell |
| CCI(14) | 135.29 | Buy |
Buy: 3
Sell: 2
Neutral: 2
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
3.3989
Buy
|
3.4536
Buy
|
| MA20 |
3.3529
Buy
|
3.3588
Buy
|
| MA50 |
3.1812
Buy
|
3.2438
Buy
|
| MA100 |
3.1519
Buy
|
3.1828
Buy
|
| MA200 |
3.0937
Buy
|
3.0508
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, CIG.C could be considered a Strong Buy, with 17 technical analysis indicators signaling 13 Buy signals, 2 signaling Sell signals and 2 Neutral signals. This might be a good time to open fresh positions on CIG.C, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 65.19 indicates that CIG.C is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 63.21 indicates that CIG.C is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 96.45 indicates that CIG.C is oversold. This suggests that CIG.C price is at or near the highest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 30.34 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 135.29 indicates that CIG.C is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.
Long-term CIG.C price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Companhia Energetica De Minas Gerais-CEMIG financial reports and earnings history, Companhia Energetica De Minas Gerais-CEMIG (CIG.C) stock could reach $7.0242 by 2030, $15.19 by 2040 and $27.30 by 2050. See the projected annual prices until 2050 of the Companhia Energetica De Minas Gerais-CEMIG stock below:
- Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is expected to reach an average price of $12.93 in 2035, with a high prediction of $13.03 and a low estimate of $12.28. This indicates an $254.11% rise from the last recorded price of $3.65.
- Companhia Energetica De Minas Gerais-CEMIG (CIG.C) stock is projected to chart a bullish course in 2040, with an average price target of $15.06, representing an $312.55% surge from its current level. The forecast ranges from a conservative $14.85 to a sky-high $15.19.
- Our analysts predict Companhia Energetica De Minas Gerais-CEMIG (CIG.C) to jump 468.99% by 2045, soaring from $20.33 to an average price of $20.77, potentially reaching $20.92. While $20.33 is the low estimate, the potential upside is significant.
- Companhia Energetica De Minas Gerais-CEMIG (CIG.C) stock is expected to climb by 2050, reaching an average of $27.07, a $641.71% jump from its current level. However, a wide range of estimates exists, with high and low targets of $27.30 and $26.64, respectively, highlighting the market's uncertainty.
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Year by Year Forecast
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Price Forecast for 2026
The predicted value for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) in 2026 is set at an average of $3.2971. Estimates vary from a peak of $4.00 to a trough of $2.5941, indicating an -9.67% surge from the present price of $3.65.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| November, 2026 | $3.6853 | $3.4681 | $3.7553 | +0.97% |
| December, 2026 | $3.6433 | $3.5581 | $3.8902 | -0.18% |
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is $4.2792, with a high forecast of $5.1587 and a low forecast of $3.3998. This indicates an +17.24% increase from the last price of $3.65.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $3.6562 | $3.3998 | $3.7662 | +0.17% |
| February, 2027 | $3.9442 | $3.6725 | $3.9442 | +8.06% |
| March, 2027 | $4.1628 | $3.8599 | $4.2228 | +14.05% |
| April, 2027 | $4.3658 | $3.9086 | $4.4258 | +19.61% |
| May, 2027 | $4.6144 | $4.2515 | $5.1587 | +26.42% |
| June, 2027 | $4.3724 | $4.2374 | $4.8516 | +19.79% |
| July, 2027 | $4.3141 | $4.1046 | $4.5031 | +18.20% |
| August, 2027 | $4.439 | $4.1318 | $4.469 | +21.62% |
| September, 2027 | $4.3919 | $4.3505 | $4.5762 | +20.33% |
| October, 2027 | $4.3999 | $4.0277 | $4.4291 | +20.54% |
| November, 2027 | $4.5835 | $4.4006 | $4.7661 | +25.58% |
| December, 2027 | $4.6919 | $4.4693 | $5.078 | +28.54% |
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Price Forecast for 2028
In 2028, Companhia Energetica De Minas Gerais-CEMIG (CIG.C) is projected to reach an average price of $5.3835, with a high projection of $6.3174 and a low estimate of $4.4495. This indicates an +47.49% rise from the last price of $3.65.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $4.7192 | $4.4663 | $4.7633 | +29.29% |
| February, 2028 | $4.6901 | $4.5849 | $4.9113 | +28.50% |
| March, 2028 | $4.771 | $4.4495 | $4.8066 | +30.71% |
| April, 2028 | $4.7769 | $4.6626 | $4.8454 | +30.88% |
| May, 2028 | $5.2142 | $4.7883 | $5.2742 | +42.85% |
| June, 2028 | $5.1901 | $5.0271 | $5.3357 | +42.19% |
| July, 2028 | $6.0574 | $5.2215 | $6.3174 | +65.96% |
| August, 2028 | $5.9033 | $5.5804 | $6.2489 | +61.73% |
| September, 2028 | $5.3692 | $5.3092 | $5.8728 | +47.10% |
| October, 2028 | $5.5565 | $5.3536 | $5.5701 | +52.23% |
| November, 2028 | $5.7224 | $5.378 | $5.8324 | +56.78% |
| December, 2028 | $5.5483 | $5.2953 | $5.7639 | +52.01% |
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Price Forecast for 2029
The 2029 price forecast for Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) is $6.4703 on average, with a high prediction of $7.4761 and a low estimate of $5.4644. This represents an +77.27% increase from the previous price of $3.65.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $5.9256 | $5.5497 | $6.0739 | +62.35% |
| February, 2029 | $5.6004 | $5.5656 | $6.403 | +53.44% |
| March, 2029 | $5.5828 | $5.4644 | $5.7966 | +52.95% |
| April, 2029 | $5.6454 | $5.5116 | $5.9323 | +54.67% |
| May, 2029 | $5.6693 | $5.4993 | $5.8448 | +55.32% |
| June, 2029 | $5.8481 | $5.6465 | $5.9181 | +60.22% |
| July, 2029 | $6.1991 | $5.8294 | $6.3041 | +69.84% |
| August, 2029 | $6.2629 | $6.1313 | $6.4485 | +71.59% |
| September, 2029 | $6.7417 | $6.3101 | $6.7417 | +84.70% |
| October, 2029 | $6.7977 | $6.7189 | $7.4761 | +86.24% |
| November, 2029 | $6.774 | $6.6121 | $7.2149 | +85.59% |
| December, 2029 | $6.7326 | $6.5138 | $6.7938 | +84.45% |
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) Price Forecast for 2030
Companhia Energetica De Minas Gerais-CEMIG Stock (CIG.C) is expected to reach an average price of $7.5487 in 2030, with a high forecast of $8.6348 and a low forecast of $6.4626. This signifies an +106.81% surge from the last price of $3.65.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $6.9814 | $6.617 | $7.0242 | +91.27% |
| February, 2030 | $6.7502 | $6.563 | $7.0886 | +84.94% |
| March, 2030 | $7.249 | $6.7274 | $7.329 | +98.60% |
| April, 2030 | $7.625 | $7.0534 | $7.728 | +108.91% |
| May, 2030 | $6.5296 | $6.5167 | $6.7775 | +78.89% |
| June, 2030 | $6.7314 | $6.4626 | $6.8014 | +84.42% |
| July, 2030 | $6.7061 | $6.6385 | $6.9534 | +83.73% |
| August, 2030 | $6.9078 | $6.549 | $6.9499 | +89.26% |
| September, 2030 | $7.2225 | $6.9008 | $7.3596 | +97.88% |
| October, 2030 | $7.3453 | $7.2384 | $7.5613 | +101.24% |
| November, 2030 | $7.846 | $7.3679 | $7.876 | +114.96% |
| December, 2030 | $8.0807 | $7.769 | $8.6348 | +121.39% |
0.85%
0.41%
Open in Yahoo
|
Open in Google
|
Open in Finviz
|
Open in MarketWatch
|
Open in EDGAR
|
Open in Reuters
Cap:
|
Volume (24h):