MILLICOM INTL CELLULAR S.A. (TIGO) Stock Technical Analysis
NASDAQ:TIGO - LU0038705702 - Common Stock
46.28 USD
-0.87 (-1.85%)
Overall TIGO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, TIGO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, TIGO did better than 91% of all other stocks. On top of that, TIGO also shows a nice and consistent pattern of rising prices.
TIGO is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 90% of 21 stocks in the same industry.
TIGO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TIGO is lagging the market slightly.
TIGO has an average volume of 1306340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month TIGO has a been trading in the 42.00 - 50.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although TIGO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.68
46.74
We found 5 important support areas.
- A support zone ranging from 46.27 to 46.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.89 from a trend line in the weekly time frame.
- Support @43.83 from a trend line in the daily time frame.
- Support @40.10 from a trend line in the daily time frame.
- A support zone ranging from 36.04 to 36.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for TIGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TIGO is up. |
| ChartMill Relative Strength | 91.17 | POSITIVE | TIGO has a high relative strength, it outperformed 91.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TIGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TIGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TIGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.44 | NEUTRAL | The RSI value for TIGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests TIGO has a negative trend. |
| Stochastics (14,3) | 46.19 | NEUTRAL | The Stochastics value for TIGO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for TIGO suggests some volalility. |
| Average Directional Index/ADX (14) | 42.21 | POSITIVE | The high ADX value value for TIGO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:TIGO (9/8/2025, 12:21:03 PM)
46.28
-0.87 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.85%
1 Week-4.2%
2 Weeks-1.93%
1 Month10.06%
3 Month22.82%
6 Month52.34%
12 Month69.77%
2 Year199.55%
3 Year305.61%
5 Year52.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.52
ATR(20)%3.07%
ATR Inc17.03%
Range Today1.84
ADR(20)1.39
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.17
Mansfield3.23
10 Day High50.78
10 Day Low45.48
20 Day High50.78
20 Day Low42
52 Week High50.78
52 Week Low23.61
CS1 End46.27
CR1 StartN/A
Volume & EV
DER(3)0.51%
DER(5)-2.24%
Volume590.81K
Volume Incr6.7%
Vol(5)1.29M
Vol(50)1.31M