Technical Analysis for TIGO - Millicom International Cellular S.A.

Grade Last Price % Change Price Change
B 22.90 7.26% 1.55
TIGO closed up 7.26 percent on Wednesday, May 8, 2024, on 5.05 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bearish? Reversal 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Earnings Movers Other 0.00%
Above Upper BB Strength 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 12 hours ago
2x Volume Pace about 12 hours ago
1.5x Volume Pace about 12 hours ago
3x Volume Pace about 12 hours ago
10x Volume Pace about 12 hours ago

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Profile

Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. It offers mobile services to approximately 53 million customers; pay-TV and broadband services; and a range of digital services, including high-speed data, cable TV, voice and SMS, mobile financial services, and business solutions. The company markets its products and services under the Tigo, Tigo Business, Tigo Money, Tigo Sports, and Tigo Music brands. Millicom International Cellular S.A. was founded in 1990 and is headquartered in Luxembourg City, Luxembourg.
Classification

Sector: Communication Services
Industry: Telecom Services
Keywords: Telecommunications Broadband Cable TV SMS Business Solutions Mobile Services Broadband Services Digital Services

Is TIGO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.45
52 Week Low 14.46
Average Volume 92,343
200-Day Moving Average 17.22
50-Day Moving Average 19.74
20-Day Moving Average 20.52
10-Day Moving Average 21.00
Average True Range 0.46
RSI (14) 81.48
ADX 40.53
+DI 57.39
-DI 8.10
Chandelier Exit (Long, 3 ATRs) 22.07
Chandelier Exit (Short, 3 ATRs) 20.88
Upper Bollinger Bands 22.04
Lower Bollinger Band 19.00
Percent B (%b) 1.28
BandWidth 14.81
MACD Line 0.59
MACD Signal Line 0.42
MACD Histogram 0.1654
Fundamentals Value
Market Cap 3.93 Billion
Num Shares 171 Million
EPS 0.27
Price-to-Earnings (P/E) Ratio 84.81
Price-to-Sales 0.51
Price-to-Book 0.77
PEG Ratio 0.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.78
Resistance 3 (R3) 24.75 24.10 24.46
Resistance 2 (R2) 24.10 23.62 24.11 24.36
Resistance 1 (R1) 23.50 23.33 23.80 23.53 24.25
Pivot Point 22.85 22.85 23.00 22.86 22.85
Support 1 (S1) 22.25 22.37 22.55 22.28 21.55
Support 2 (S2) 21.60 22.08 21.61 21.44
Support 3 (S3) 21.00 21.60 21.34
Support 4 (S4) 21.03