CIG

$1.872.47%0.045

Cia Energetica De Minas Gerais Cemig Adr (CIG)

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Forecast

The Cia Energetica De Minas Gerais Cemig Adr (CIG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $1.75, representing a -6.16% decrease from the current price of $1.87. The highest analyst price target is $1.84, and the lowest is $1.66.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

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 Price Target

Average 1.99 (+6.81% Downside)

Is Cia Energetica De Minas Gerais Cemig Adr (CIG) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	35.13	Neutral
STOCH(9,6)	14.61	Buy
STOCHRSI(14)	26.26	Neutral
MACD(12,26)	-0.11	Sell
ADX(14)	30.29	Sell
William %R	-83.62	Buy
CCI(14)	-36.53	Neutral

Buy: 2 · Sell: 2 · Neutral: 3Summary: Neutral

Moving Averages

Period	Simple	Exponential
MA10	1.85 Buy	1.90 Sell
MA20	2.08 Sell	2.00 Sell
MA50	2.13 Sell	2.09 Sell
MA100	2.10 Sell	2.12 Sell
MA200	2.21 Sell	2.13 Sell

Buy: 1 · Sell: 9 · Neutral: 0Summary: Sell

According to our latest analysis, CIG could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 11 signaling Sell signals and 3 Neutral signals. This might not be a good time to consider opening new positions on CIG, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 35.13 indicates that CIG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 14.61 indicates that CIG is oversold. This indicates that CIG price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 26.26 indicates that CIG is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
ADX (Average Directional Index): The ADX value of 30.29 suggests an extremely strong trend in the market. Such high values are relatively rare and indicate a very robust directional movement.
CCI (Commodity Channel Index): A CCI(14) value of -36.53 indicates that CIG is not in oversold or overbought territory. It suggests a neutral sentiment in the short term.

Long-term CIG price forecast for 2026, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Cia Energetica De Minas Gerais Cemig Adr financial reports and earnings history, Cia Energetica De Minas Gerais Cemig Adr (CIG) stock could reach $2.57 by 2030, $3.23 by 2040 and $3.78 by 2050. See the projected annual prices until 2050 of the Cia Energetica De Minas Gerais Cemig Adr stock below:

Cia Energetica De Minas Gerais Cemig Adr (CIG) is expected to reach an average price of $2.66 in 2035, with a high prediction of $2.96 and a low estimate of $2.44. This indicates an +42.53% change from the last recorded price of $1.87.
Cia Energetica De Minas Gerais Cemig Adr (CIG) stock is projected to chart a bullish course in 2040, with an average price target of $3.17, representing an +70.02% change from its current level. The forecast ranges from a conservative $2.74 to a sky-high $3.23.
Our analysts predict Cia Energetica De Minas Gerais Cemig Adr (CIG) to change +74.79% by 2045, soaring from $2.89 to an average price of $3.26, potentially reaching $3.54. While $2.89 is the low estimate, the potential upside is significant.
Cia Energetica De Minas Gerais Cemig Adr (CIG) stock is expected to climb by 2050, reaching an average of $3.29, a +76.58% change from its current level. However, a wide range of estimates exists, with high and low targets of $3.78 and $3.18, respectively, highlighting the market's uncertainty.

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Year by Year Forecast

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2026

The predicted value for Cia Energetica De Minas Gerais Cemig Adr (CIG) in 2026 is set at an average of $2.10. Estimates vary from a peak of $2.76 to a trough of $1.66, indicating an +12.85% surge from the present price of $1.87.

Month	Average	Low	High	Change from today's price
December, 2026	$1.73	$1.66	$1.84	-7.07%

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Cia Energetica De Minas Gerais Cemig Adr (CIG) is $2.01, with a high forecast of $2.37 and a low forecast of $1.62. This indicates an +7.63% increase from the last price of $1.87.

Month	Average	Low	High	Change from today's price
January, 2027	$1.78	$1.62	$1.81	-4.48%
February, 2027	$1.81	$1.72	$1.87	-2.83%
March, 2027	$1.85	$1.78	$1.96	-0.86%
April, 2027	$2.28	$1.80	$2.31	+22.36%
May, 2027	$1.85	$1.82	$2.35	-1.05%
June, 2027	$2.25	$1.80	$2.30	+20.61%
July, 2027	$1.94	$1.92	$2.26	+3.76%
August, 2027	$1.86	$1.79	$1.99	-0.29%
September, 2027	$2.28	$1.88	$2.35	+22.45%
October, 2027	$2.20	$2.12	$2.37	+17.97%
November, 2027	$1.83	$1.82	$2.24	-1.76%
December, 2027	$2.16	$1.86	$2.19	+15.62%

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2028

In 2028, Cia Energetica De Minas Gerais Cemig Adr (CIG) is projected to reach an average price of $2.15, with a high projection of $2.44 and a low estimate of $1.76. This indicates an +15.03% rise from the last price of $1.87.

Month	Average	Low	High	Change from today's price
January, 2028	$2.02	$1.76	$2.14	+8.27%
February, 2028	$1.92	$1.81	$2.04	+2.97%
March, 2028	$2.02	$1.81	$2.13	+8.39%
April, 2028	$1.96	$1.88	$2.11	+5.14%
May, 2028	$1.88	$1.84	$1.95	+0.68%
June, 2028	$2.26	$1.84	$2.29	+20.94%
July, 2028	$2.21	$2.13	$2.32	+18.54%
August, 2028	$2.31	$2.09	$2.31	+23.96%
September, 2028	$2.33	$2.25	$2.44	+24.84%
October, 2028	$2.25	$2.25	$2.42	+20.38%
November, 2028	$2.25	$2.15	$2.36	+20.43%
December, 2028	$2.35	$2.19	$2.43	+25.85%

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2029

The 2029 price forecast for Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) is $2.27 on average, with a high prediction of $2.55 and a low estimate of $2.00. This represents an +21.50% increase from the previous price of $1.87.

Month	Average	Low	High	Change from today's price
January, 2029	$2.18	$2.09	$2.37	+16.85%
February, 2029	$2.46	$2.12	$2.49	+31.75%
March, 2029	$2.06	$2.00	$2.43	+10.36%
April, 2029	$2.27	$2.03	$2.30	+21.57%
May, 2029	$2.11	$2.10	$2.24	+13.38%
June, 2029	$2.20	$2.06	$2.24	+17.97%
July, 2029	$2.28	$2.07	$2.32	+22.17%
August, 2029	$2.25	$2.21	$2.39	+20.58%
September, 2029	$2.39	$2.23	$2.44	+28.06%
October, 2029	$2.29	$2.18	$2.46	+22.89%
November, 2029	$2.24	$2.11	$2.40	+20.27%
December, 2029	$2.46	$2.15	$2.55	+32.13%

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2030

Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) is expected to reach an average price of $2.29 in 2030, with a high forecast of $2.57 and a low forecast of $1.98. This signifies an +22.88% surge from the last price of $1.87.

Month	Average	Low	High	Change from today's price
January, 2030	$2.50	$2.38	$2.57	+33.80%
February, 2030	$2.42	$2.39	$2.54	+29.57%
March, 2030	$2.32	$2.28	$2.43	+24.26%
April, 2030	$2.34	$2.27	$2.52	+25.41%
May, 2030	$2.19	$2.14	$2.37	+17.42%
June, 2030	$2.10	$2.08	$2.23	+12.65%
July, 2030	$2.33	$2.12	$2.40	+25.06%
August, 2030	$2.23	$2.21	$2.39	+19.75%
September, 2030	$2.14	$1.98	$2.26	+15.00%
October, 2030	$2.30	$2.10	$2.33	+23.10%
November, 2030	$2.24	$2.15	$2.33	+19.94%
December, 2030	$2.40	$2.21	$2.42	+28.59%

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