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Is CIG ready to make a move? NR7 shows up after declining 0.95%

Comp En De Mn Cemig (CIG) — Nightly Technical Analysis · Jul 8, 2026, 17:49 ET
CIG finished lower by 0.95% on Wednesday, July 8th, trading 1.3 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.07, 2.05 & 2.04, with resistance at 2.1, 2.11 & 2.13.

Current SwingTradeBot Technical Rating of CIG: D

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Comp En De Mn Cemig ADS (CIG)