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2.07
1.47%
0.03
Pre-market:
2.02
-0.05
-2.42%
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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 positive, with an average analyst price target of $2.1131, representing a +2.08% increase from the current price of $2.07. The highest analyst price target is $2.215, and the lowest is $2.0113.
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 2.4004
(+15.96% Upside)
Is Cia Energetica De Minas Gerais Cemig Adr (CIG) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 58.76 | Neutral |
| STOCH(9,6) | 60.59 | Neutral |
| STOCHRSI(14) | 88.90 | Sell |
| MACD(12,26) | 0.0156 | Buy |
| ADX(14) | 20.47 | Neutral |
| William %R | -26.09 | Neutral |
| CCI(14) | 134.64 | Buy |
Buy: 2
Sell: 1
Neutral: 4
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
2.001
Buy
|
2.013
Buy
|
| MA20 |
1.9755
Buy
|
1.9938
Buy
|
| MA50 |
2.0042
Buy
|
1.9922
Buy
|
| MA100 |
1.99
Buy
|
1.9803
Buy
|
| MA200 |
1.9293
Buy
|
1.9488
Buy
|
Buy: 10
Sell: 0
Neutral: 0
Summary: Buy
According to our latest analysis, CIG could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 1 signaling Sell signals and 4 Neutral signals. This might be a good time to open fresh positions on CIG, as trading bullish markets is always a lot easier
- RSI (Relative Strength Index): The RSI(14) value of 58.76 indicates that CIG is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 60.59 indicates that CIG 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 88.9 indicates that CIG is oversold. This suggests that CIG 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 20.47 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 134.64 indicates that CIG is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.
Long-term CIG price forecast for 2025, 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 $2.9033 by 2030, $2.8586 by 2040 and $2.7601 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 $2.3671 in 2035, with a high prediction of $2.987 and a low estimate of $2.3571. This indicates an $14.35% rise from the last recorded price of $2.07.
- Cia Energetica De Minas Gerais Cemig Adr (CIG) stock is projected to chart a bullish course in 2040, with an average price target of $2.7737, representing an $33.99% surge from its current level. The forecast ranges from a conservative $2.5385 to a sky-high $2.8586.
- Our analysts predict Cia Energetica De Minas Gerais Cemig Adr (CIG) to jump 23.63% by 2045, soaring from $2.439 to an average price of $2.5591, potentially reaching $2.9187. While $2.439 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 $2.7524, a $32.97% jump from its current level. However, a wide range of estimates exists, with high and low targets of $2.7601 and $2.46, 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 2024
Our forecast for CIG stock price in 2024 now indicates an average price target of $2.4305 with a high forecast of $2.8497 and a low forecast of $2.0113. The average prediction reflects an increase of +17.41% from the last recorded price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $2.1578 | $2.0113 | $2.215 | +4.24% |
Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) Price Forecast for 2025
Cia Energetica De Minas Gerais Cemig Adr Stock (CIG) is expected to reach an average price of $2.4004 in 2025, with a high prediction of $3.8343 and a low estimate of $0.9666. This indicates an +15.96% rise from the last recorded price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $2.3442 | $2.1111 | $3.5342 | +13.25% |
| February, 2025 | $2.4176 | $2.3242 | $3.8343 | +16.79% |
| March, 2025 | $2.1314 | $2.0249 | $3.5344 | +2.96% |
| April, 2025 | $1.2461 | $1.073 | $2.3112 | -39.80% |
| May, 2025 | $1.3726 | $1.0798 | $1.9745 | -33.69% |
| June, 2025 | $1.0799 | $0.9666 | $1.3395 | -47.83% |
| July, 2025 | $1.5459 | $1.0865 | $1.7923 | -25.32% |
| August, 2025 | $1.5726 | $1.4128 | $1.644 | -24.03% |
| September, 2025 | $1.5794 | $1.5194 | $1.7657 | -23.70% |
| October, 2025 | $1.5619 | $1.3818 | $1.6061 | -24.55% |
| November, 2025 | $1.3958 | $1.3694 | $1.6519 | -32.57% |
| December, 2025 | $1.382 | $1.344 | $1.5274 | -33.24% |
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 $1.8028. Estimates vary from a peak of $2.2235 to a trough of $1.382, indicating an -12.91% surge from the present price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $1.7906 | $1.382 | $1.801 | -13.50% |
| February, 2026 | $2.0537 | $1.7561 | $2.0676 | -0.79% |
| March, 2026 | $2.0677 | $1.9582 | $2.1784 | -0.11% |
| April, 2026 | $1.7493 | $1.7285 | $2.0262 | -15.49% |
| May, 2026 | $1.6732 | $1.4655 | $1.7078 | -19.17% |
| June, 2026 | $1.611 | $1.5555 | $1.7148 | -22.17% |
| July, 2026 | $1.8465 | $1.5867 | $1.9157 | -10.80% |
| August, 2026 | $2.1004 | $1.8503 | $2.2235 | +1.47% |
| September, 2026 | $1.8159 | $1.7851 | $2.1735 | -12.28% |
| October, 2026 | $1.8082 | $1.7851 | $1.9544 | -12.65% |
| November, 2026 | $2.0775 | $1.7237 | $2.1006 | +0.36% |
| December, 2026 | $2.0546 | $1.9853 | $2.1853 | -0.74% |
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 $2.2473, with a high forecast of $2.7245 and a low forecast of $1.7702. This indicates an +8.57% increase from the last price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $1.9008 | $1.824 | $2.2467 | -8.17% |
| February, 2027 | $1.9625 | $1.7893 | $2.0971 | -5.20% |
| March, 2027 | $2.0395 | $1.8317 | $2.0625 | -1.48% |
| April, 2027 | $1.9241 | $1.7702 | $2.0087 | -7.05% |
| May, 2027 | $1.9857 | $1.8934 | $2.1011 | -4.07% |
| June, 2027 | $2.132 | $1.9434 | $2.2089 | +3.00% |
| July, 2027 | $2.5936 | $1.9935 | $2.6205 | +25.29% |
| August, 2027 | $2.4783 | $2.4476 | $2.7245 | +19.72% |
| September, 2027 | $2.5768 | $2.0091 | $2.6518 | +24.49% |
| October, 2027 | $2.2169 | $2.1869 | $2.6069 | +7.10% |
| November, 2027 | $2.107 | $1.989 | $2.2669 | +1.79% |
| December, 2027 | $2.5971 | $2.032 | $2.6334 | +25.46% |
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 $2.3777, with a high projection of $2.8181 and a low estimate of $1.9374. This indicates an +14.87% rise from the last price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $2.4872 | $2.4272 | $2.7371 | +20.15% |
| February, 2028 | $2.1372 | $2.0872 | $2.5671 | +3.25% |
| March, 2028 | $2.3073 | $2.0273 | $2.4773 | +11.47% |
| April, 2028 | $2.1674 | $1.9374 | $2.5024 | +4.71% |
| May, 2028 | $2.2475 | $2.0075 | $2.3475 | +8.58% |
| June, 2028 | $2.2676 | $2.0075 | $2.4176 | +9.55% |
| July, 2028 | $2.1577 | $2.1177 | $2.4136 | +4.23% |
| August, 2028 | $2.0778 | $2.0378 | $2.2377 | +0.37% |
| September, 2028 | $2.4078 | $2.0378 | $2.4178 | +16.32% |
| October, 2028 | $2.4879 | $2.3879 | $2.6229 | +20.19% |
| November, 2028 | $2.468 | $2.358 | $2.6629 | +19.23% |
| December, 2028 | $2.7481 | $2.458 | $2.8181 | +32.76% |
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 $2.5485 on average, with a high prediction of $2.8685 and a low estimate of $2.2286. This represents an +23.12% increase from the previous price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $2.7482 | $2.5728 | $2.7981 | +32.76% |
| February, 2029 | $2.5982 | $2.4382 | $2.7482 | +25.52% |
| March, 2029 | $2.7283 | $2.4883 | $2.7583 | +31.80% |
| April, 2029 | $2.4584 | $2.3584 | $2.7982 | +18.76% |
| May, 2029 | $2.6985 | $2.3784 | $2.7185 | +30.36% |
| June, 2029 | $2.3386 | $2.2286 | $2.8685 | +12.97% |
| July, 2029 | $2.4386 | $2.2686 | $2.4785 | +17.81% |
| August, 2029 | $2.3987 | $2.3587 | $2.6187 | +15.88% |
| September, 2029 | $2.3888 | $2.3088 | $2.5388 | +15.40% |
| October, 2029 | $2.5389 | $2.3189 | $2.5689 | +22.65% |
| November, 2029 | $2.599 | $2.499 | $2.729 | +25.55% |
| December, 2029 | $2.5435 | $2.497 | $2.6168 | +22.87% |
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 $2.568 in 2030, with a high forecast of $3.9486 and a low forecast of $1.1875. This signifies an +24.06% surge from the last price of $2.07.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $2.6836 | $2.2308 | $2.9033 | +29.64% |
| February, 2030 | $2.8966 | $2.6104 | $2.9633 | +39.93% |
| March, 2030 | $2.6506 | $2.6106 | $2.8901 | +28.05% |
| April, 2030 | $2.5908 | $2.3977 | $2.7439 | +25.16% |
| May, 2030 | $2.4844 | $2.368 | $2.6708 | +20.02% |
| June, 2030 | $2.3915 | $2.3615 | $2.5179 | +15.53% |
| July, 2030 | $2.2452 | $2.1254 | $2.4847 | +8.46% |
| August, 2030 | $2.4051 | $2.1454 | $2.4583 | +16.19% |
| September, 2030 | $2.6249 | $2.4119 | $3.6484 | +26.81% |
| October, 2030 | $2.4787 | $2.4587 | $3.9486 | +19.74% |
| November, 2030 | $1.6468 | $1.3006 | $3.6487 | -20.44% |
| December, 2030 | $1.2143 | $1.1875 | $1.5869 | -41.34% |
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