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Millicom International Cellular S.A.

TIGO•NASDAQ
Communication Services
Telecommunications Services
$66.39
$2.44(3.82%)
U.S. Market is Open • 12:28

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: 62.37)
Trend Strength:Strong (ADX: 32.92)
Volatility:Medium (ATR: 2.10)
Support/Resistance:$59.16 – $68.49 (Bollinger Bands)

This mix signals that Millicom International Cellular S.A. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.18

Neutral
Mid-range signal with no clear trend.

Williams %R: -29.81

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 8.27

Strongly Bullish
Strong upside momentum.

Takeaway:Millicom International Cellular S.A. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 2.24

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.92

Strong
Strong trend, momentum well established.

ATR (14): 2.10

Medium
Medium volatility, healthy price movement.

CCI (14): 31.81

Bullish
Bullish, momentum building upward.

Takeaway:Millicom International Cellular S.A. shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$68.49
Middle Band (SMA 20)
$63.83
Lower Band
$59.16
Current Position
Within Bands

Takeaway:Millicom International Cellular S.A. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$67.61
Middle Line (EMA 20)
$63.41
Lower Channel
$59.22
Squeeze Status
No Squeeze

Takeaway:Millicom International Cellular S.A. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume11.85M
Money Flow Index60.78Bullish, inflows support continued momentum.
Relative Vigor Index52.17Neutral 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

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

MACD below signal line → short-term caution on momentum.

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

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