MILLICOM INTL CELLULAR S.A. (TIGO) Stock Technical Analysis
USA - NASDAQ:TIGO - LU0038705702 - Common Stock
48.47 USD
+0.24 (+0.5%)
We assign a technical rating of 10 out of 10 to TIGO. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, TIGO did better than 91% of all other stocks. We also observe that the gains produced by TIGO over the past year are nicely spread over this period.
TIGO is one of the better performing stocks in the Wireless Telecommunication Services industry, it outperforms 90% of 22 stocks in the same industry.
TIGO is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month TIGO has a been trading in the 45.48 - 50.78 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TIGO has an average volume of 1171100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TIGO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 47.14, a Stop Loss order could be placed below this zone.
More info and screens
36.37
50.79
We found 3 important support areas.
- A support zone ranging from 46.27 to 47.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 44.47 to 45.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.74 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 49.69 to 50.29. 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 | 91.93 | POSITIVE | TIGO has a high relative strength, it outperformed 91.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TIGO is above a declining 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) | 54.37 | NEUTRAL | The RSI value for TIGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests TIGO has a negative trend. |
| Stochastics (14,3) | 44 | NEUTRAL | The Stochastics value for TIGO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for TIGO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.63 | 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.30 | 46.91 | 3.39 (6.74%) | 14.84% |
| An entry @50.30. This is a Buy Stop order right above the resistance zone. | An exit @46.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.39 points, which is 6.74%. | When investing 14.84% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:TIGO (9/29/2025, 10:02:01 AM)
48.47
+0.24 (+0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.5%
1 Week-2.92%
2 Weeks1.47%
1 Month-0.74%
3 Month32.72%
6 Month59.7%
12 Month73.74%
2 Year212.17%
3 Year322.7%
5 Year59.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.38
ATR(20)%3.12%
ATR Inc-39.9%
Range Today0.18
ADR(20)1.46
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.93
Mansfield3.27
10 Day High50.33
10 Day Low46.92
20 Day High50.78
20 Day Low45.48
52 Week High50.78
52 Week Low23.61
CS1 End47.14
CR1 Start49.69
Volume & EV
DER(3)-1.51%
DER(5)0.52%
Volume3.59K
Volume Incr-30.84%
Vol(5)837.08K
Vol(50)1.17M