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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
$93.68
$3.21(3.55%)
U.S. Market opens in 58h 46m

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: 49.45)
Trend Strength:Weak (ADX: 13.58)
Volatility:Medium (ATR: 3.96)
Support/Resistance:$87.55 – $101.01 (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): 49.45

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.52

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.05

Bearish
Selling pressure outweighs buying.

Takeaway:Millicom International Cellular S.A. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.77

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.58

Weak
Weak trend, market trading sideways.

ATR (14): 3.96

Medium
Medium volatility, healthy price movement.

CCI (14): -35.46

Bearish
Bearish, momentum remains under pressure.

Takeaway:Millicom International Cellular S.A. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$101.01
Middle Band (SMA 20)
$94.28
Lower Band
$87.55
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$101.46
Middle Line (EMA 20)
$93.54
Lower Channel
$85.62
Squeeze Status
Squeeze On

Takeaway:Millicom International Cellular S.A. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume24.48M
Money Flow Index51.03Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.93Neutral 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. (NASDAQ: TIGO), here are the key trading signals and recommendations:

Bullish Signals

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.

(NASDAQ: TIGO) Technical Analysis FAQ