Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
Millicom International Cellular S.A. (NASDAQ:TIGO)
Bull Market Weakness (+75) - TIGO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TIGO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TIGO?
MarketClub looks at technical strength and momentum to determine if the timing is right for TIGO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TIGO
The long-term trend has been UP since Dec 13th, 2022 at 14.0288
The intermediate-term trend has been UP since May 23rd, 2023 at 18.7200
The short-term trend has been DOWN since May 25th, 2023 at 18.0600
Smart Scan Analysis for TIGO
Based on our trend formula, TIGO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.15||52wk High Date||2023-02-13|
|52wk Low||10.22||52wk Low Date||2022-10-27|
|Average Volume||78,985||Shares Outstanding||101,739|