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Millicom International Cellular S.A.

Millicom International Cellular S.A. (TIGO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Millicom International Cellular S.A..

TIGONASDAQ
Communication ServicesTelecommunications Services
$82.66
$4.63(5.30%)
U.S. Market opens in 59h 16m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TIGO Technical Analysis Summary

Millicom International Cellular S.A. stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.02)
Trend Strength:Moderate (ADX: 22.82)
Volatility:Medium (ATR: 3.78)
Support/Resistance:$77.72 – $89.08 (Bollinger Bands)

Technical conditions suggest Millicom International Cellular S.A. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.02

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 63.18

Bullish
Buying momentum building without extremes.

Williams %R: -60.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 4.25

Bullish
Steady upward momentum.

Takeaway:Millicom International Cellular S.A. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.82

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.78

Medium
Medium volatility, healthy price movement.

CCI (14): -34.83

Bearish
Bearish, momentum remains under pressure.

Takeaway:Millicom International Cellular S.A. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$89.08
Middle Band (SMA 20)
$83.40
Lower Band
$77.72
Current Position
Within Bands

Takeaway:Millicom International Cellular S.A. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$91.73
Middle Line (EMA 20)
$84.18
Lower Channel
$76.63
Squeeze Status
Squeeze On

Takeaway:Millicom International Cellular S.A. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume26.14M
Money Flow Index82.14Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index54.92Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:TIGO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Millicom International Cellular S.A., here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Millicom International Cellular S.A. are mixed, suggesting a Hold or wait-and-see approach.

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