Millicom International Cellular is only slightly up on the day, shares traded 0.89% higher on the day. It looks like TIGO could be hitting an upward sloping resistance line. Most traders won't try to short a stock when the line is upsloping.
But it may be a good time to take profit or wait for a better entry point for a long position. Let's also consider momentum! Millicom International Cellular has been on a tear lately and has decent upward momentum, when assets move up like that, they have a habit of breaking through resistance points.
so unless you know something I don't, it probably wouldn't short a stock like this. Year over year, the asset has returned 136.09 percent to its shareholders.
If it breaks through the resistance level, we aren't seeing any clear resistance points beyond that. So it may have plenty of room to work up from there. If the price does in fact bounce off here, it might find nearest support down at the $83.9 level, hard to say where it will go from there though.
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IHG | InterContinental Hotels G | 0.78 | 2.13 | 2.26 | -8.12 | 10.86 | 17.32 | 34.85 | 13 | 40.42 | 42.68 | 95.76 | -2341.78 | -22088.01 | 0 | 150 | 0.645164 |
| LILA | Liberty Latin America Ltd | 0.66 | 3.59 | 7.75 | 0.78 | 5.53 | 12.45 | 27.33 | 46 | 0.71 | 2.79 | -3.47 | -1336.22 | -2972.27 | 0 | 0 | 1.42311 |
| EQH | Equitable Holdings, Inc. | 0.63 | 1.23 | 0.29 | 10.03 | 15.14 | 5.36 | -7.68 | 60 | 4.45 | 0.84 | -0.71 | -5277.82 | -6566.73 | 0 | 0 | 2.75368 |
| UNM | Unum Group | 0.63 | 0.23 | -2.22 | -3.62 | 7.51 | 13.13 | 7.01 | 40 | 63.57 | 23.83 | 33.33 | -2150.66 | 293.93 | 0 | 0 | 1.3081 |
| ING | ING Groep N.V. American D | 0.61 | 2.01 | 1.15 | 7.41 | 15.76 | 15.32 | 40.24 | 56 | 110.28 | 24.95 | 49.73 | 0.00 | -36294.35 | 0 | 0 | 0.778959 |
| TRIP | TripAdvisor, Inc. | 0.61 | 4.23 | 3.48 | 1.78 | 28.30 | 8.10 | -19.87 | 43 | 6.94 | 3.13 | 0.30 | -1052.47 | -3424.08 | 0 | 0 | 6.39336 |
| NTRS | Northern Trust Corp | 0.6 | 1.11 | -1.37 | 4.35 | 9.73 | 21.96 | 40.37 | 37 | 159.95 | 60.75 | 84.23 | -1058.33 | -32741.12 | 0 | 0 | 1.6074 |