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(TIGO) Millicom International complete technical analysis [charts+indicators] | Buy/Sell Millicom International | (TIGO) share price targets

Complete technical analysis of Millicom International (TIGO) by charts plus indicators, forecast predictions and share price targets for Millicom International (TIGO)

Millicom International trades in USA in Public Utilities sector.

10 day averaged volume of Millicom International is 151294

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 23.75 23.72 23.83 23.62 0.635 times
15 Wed May 2024 24.02 23.55 24.07 23.55 0.944 times
14 Tue May 2024 23.41 22.98 23.48 22.98 1.003 times
13 Mon May 2024 22.85 22.67 22.87 22.66 1.147 times
10 Fri May 2024 22.61 22.89 22.90 22.43 1.12 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.8, but if it comes below 22.8, then a intra day sell could be more profitable.
If you take a sell trade below 22.8, then use 22.8 as stoploss and 21.52 as target. However if you take a buy trade in stock , then use 22.8 as stoploss and 24.4 as target.

Share price targets for Millicom International (TIGO)

Target Type Value
Downside Target 15.55
Downside Target 17.00
Downside Target 17.62
Downside Target 18.77
Downside Target 19.50
Downside Target 19.95
Downside Target 20.81
Downside Target 21.31
Downside Target 21.38
Downside Target 22.66
Downside Target 23.45
Upside Target 24.07

Intraday share price targets for Millicom International (TIGO)

Target Type Value
Downside Intraday Target 22.92
Downside Intraday Target 22.08
Upside Intraday Target 24.33
Upside Intraday Target 24.9
Downside Intraday Target 23.49

Weekly technical analysis of Millicom International (TIGO)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 23.75 22.67 24.07 22.66 0.617 times
10 Fri May 2024 22.61 21.37 23.45 21.31 3.185 times
03 Fri May 2024 21.33 20.24 21.38 20.18 0.783 times
26 Fri Apr 2024 20.15 20.12 20.39 19.95 1.214 times
19 Fri Apr 2024 20.08 20.12 20.16 19.50 0.663 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Millicom International (TIGO)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 23.75 20.39 24.07 20.39 0.905 times
30 Tue Apr 2024 20.47 20.28 20.81 19.50 1.032 times
28 Thu Mar 2024 20.23 18.53 20.67 17.62 0.919 times
29 Thu Feb 2024 18.65 17.03 18.77 15.55 1.46 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Millicom International (TIGO)

Indicator Name Indicator Value Indicator Signal
ADX 55, 10, 70 Buy
MACD 2, 2Buy
Stochastics 95Buy
CCI 99Sell
RSI 68Buy
OBV 869132Sell
VWAP 23Buy
ADL 0Sell
ROC 13Buy
Force Index 0Sell

Price action analysis of Millicom International ( (TIGO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Millicom International ( (TIGO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Millicom International ( (TIGO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Millicom International ( (TIGO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Millicom International stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Millicom International in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Millicom International Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Millicom International in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Millicom International is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.94 and Millicom International (TIGO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Millicom International (TIGO) stock. Volume based technical analysis of Millicom International (TIGO) stock is negative.

Millicom International Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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