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Millicom International Cellular S.A.

TIGONASDAQ
Communication Services
Telecommunications Services
$79.64
$2.75(3.58%)
U.S. Market opens in 19h 5m

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. (NASDAQ:TIGO).

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.24)
Trend Strength:Moderate (ADX: 23.49)
Volatility:Medium (ATR: 2.76)
Support/Resistance:$68.74 – $78.41 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 65.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.67

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.92

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.32

Strongly Bullish
Strong upside momentum.

Takeaway:Millicom International Cellular S.A. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.29

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.49

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.76

Medium
Medium volatility, healthy price movement.

CCI (14): 191.27

Bearish Risk
Bearish risk, overbought levels suggest caution.

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
$78.41
Middle Band (SMA 20)
$73.58
Lower Band
$68.74
Current Position
Above Upper Band

Takeaway:Millicom International Cellular S.A. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$79.32
Middle Line (EMA 20)
$73.80
Lower Channel
$68.28
Squeeze Status
Squeeze On

Takeaway:Millicom International Cellular S.A. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume19.43M
Money Flow Index63.42Bullish, inflows support continued momentum.
Relative Vigor Index73.50Bullish, price momentum strongly favors buyers.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Millicom International Cellular S.A. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ