Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Millicom International Cellular S.A.

TIGO Technical Analysis Summary (NASDAQ)

Analyze TIGO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TIGO●NASDAQ
Communication ServicesTelecommunications Services
$80.83
$8.60(9.62%)
U.S. Market opens in 4h 18m

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 (NASDAQ)

Millicom International Cellular S.A. (NASDAQ: TIGO) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.70)
Trend Strength:Strong (ADX: 30.48)
Volatility:Medium (ATR: 3.55)
Support/Resistance:$73.98 – $87.94 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 72.37

Bullish
Buying momentum building without extremes.

Williams %R: -69.13

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.22

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.26

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.48

Strong
Strong trend, momentum well established.

ATR (14): 3.55

Medium
Medium volatility, healthy price movement.

CCI (14): 12.02

Neutral
Neutral, no strong directional signal.

Takeaway:Millicom International Cellular S.A. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$87.94
Middle Band (SMA 20)
$80.96
Lower Band
$73.98
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$89.81
Middle Line (EMA 20)
$82.71
Lower Channel
$75.61
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 Volume1.91M
Money Flow Index54.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index63.88Bullish, 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. (NASDAQ: TIGO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Millicom International Cellular S.A. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: TIGO) Technical Analysis FAQ