TIGO NEWS why is Millicom International Cellular S.a. price falling or rising

TIGO NEWS reasons for why stock price of Millicom International Cellular S.a. is falling or rising

TIGO Millicom International is falling or rising technical reasons

Technical analysis forecast of Millicom International Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Millicom International TIGO at this time. Stock is rising and might rise more.

It appears as if Millicom International TIGO gave a large move recently.

Stock of Millicom International (TIGO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Millicom International is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21.5, for a target of 20.9 or 20.43

TIGO Millicom International is falling or rising NEWS fundamental reasons

More announcements and NEWS

TIGO Millicom International Cellular S.a. current price & indicator signals

Moving Averages for Millicom International Cellular S.a.

  • 5Day Average: 20.96
  • 12Day Average: 20.55
  • 20Day Average: 20.36
  • 50Day Average: 19.6
  • 100Day Average: 18.47
  • 150Day Average: 17.7
  • 200Day Average: 17.2

TIGO Indicators & signals

Indicator MACD (12,26,9)

20.67, 20.24, 0.35
Indicator MACD is in positive zone

Indicator ADX (14)

33.33, 38.89, 19.44
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TIGO Millicom International Cellular S.a. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon May 2024 21.38 21.31 to 21.41 0.23% 0.52 times
03 Fri May 2024 21.33 21.21 to 21.38 1.33% 0.52 times
02 Thu May 2024 21.05 20.86 to 21.10 2.23% 0.81 times
01 Wed May 2024 20.59 20.39 to 20.80 0.59% 0.72 times
30 Tue Apr 2024 20.47 20.39 to 20.58 -0.15% 0.77 times
29 Mon Apr 2024 20.50 20.18 to 20.61 1.74% 1.57 times
26 Fri Apr 2024 20.15 19.98 to 20.21 -0.64% 1.45 times
25 Thu Apr 2024 20.28 19.95 to 20.31 0.6% 1.14 times
24 Wed Apr 2024 20.16 20.07 to 20.24 -0.88% 0.62 times
23 Tue Apr 2024 20.34 20.17 to 20.39 0.15% 1.63 times
22 Mon Apr 2024 20.31 20.11 to 20.34 1.15% 0.76 times
19 Fri Apr 2024 20.08 19.92 to 20.13 0.4% 0.94 times

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TIGO NEWS why is Millicom International Cellular S.a. price falling or rising

 

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