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

Grade Last Price % Change Price Change
grade F 49.06 -1.13% -0.56
TIGO closed down 1.13 percent on Friday, August 16, 2019, on 45 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical TIGO trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
NR7 Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Low Weakness -1.13%
Stochastic Reached Oversold Weakness -1.13%
Oversold Stochastic Weakness -1.13%
New 52 Week Closing Low Bearish -0.89%
Inside Day Range Contraction -0.89%
Down 3 Days in a Row Weakness -0.89%

Older signals for TIGO ...

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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.
Telecommunications Broadband Cable TV SMS Broadband Services Mobile Financial 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
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 74.71
52 Week Low 48.65
Average Volume 33,932
200-Day Moving Average 58.4582
50-Day Moving Average 53.8606
20-Day Moving Average 51.297
10-Day Moving Average 50.269
Average True Range 1.0988
ADX 28.42
+DI 17.5921
-DI 35.8844
Chandelier Exit (Long, 3 ATRs ) 54.3936
Chandelier Exit (Short, 3 ATRs ) 51.9464
Upper Bollinger Band 54.2338
Lower Bollinger Band 48.3602
Percent B (%b) 0.12
BandWidth 11.450182
MACD Line -1.4558
MACD Signal Line -1.3476
MACD Histogram -0.1083
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 50.08
Resistance 3 (R3) 50.06 49.69 49.91
Resistance 2 (R2) 49.69 49.43 49.71 49.85
Resistance 1 (R1) 49.38 49.27 49.20 49.40 49.80
Pivot Point 49.01 49.01 48.92 49.03 49.01
Support 1 (S1) 48.70 48.75 48.52 48.72 48.32
Support 2 (S2) 48.33 48.59 48.35 48.27
Support 3 (S3) 48.02 48.33 48.21
Support 4 (S4) 48.04