Millicom International Cellular S.A. (TIGO)

Millicom International Cellular S.A. is trading at $87.21, down 7.48% on the session. The 50 day average sits at $92.26 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 48.9, which reads as neutral, and MACD is bearish crossover. Volume is below average.

The nearest support is around $91.51 with resistance near $94.73, so that band frames the current range. Average daily movement is roughly $4.07, or about 4.7% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 72, momentum of 40 and a risk score of 54.

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.