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Save your seatCIG faded from roughly $2.55 in early April to $2.15 into late May after first quarter results showed lower net income and a fresh court ruling on RBSE added another regulatory headline.
A failure to hold $2.05 could see a retrace toward the $1.90 to $1.95 range. Any negative read-through from the RBSE case or fallout from the May 14, 2026 cybersecurity disclosure could accelerate the downside.
If CIG holds the $2.05 to $2.10 area and buyers reclaim $2.25 on steady volume, a push back toward $2.40 to $2.55 is on the table. Resistance at $2.25 is the first hurdle.
We don't currently have information about Cia Energetica DE Minas Gerais Cemig ADR (Preference Shares)'s earnings.