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According to Millicom's 15-minute chart, several technical indicators have signaled a bearish trend for the stock. Specifically, the MACD (Moving Average Convergence Divergence) has triggered a "Death Cross," which indicates a shift in momentum towards the downside. Additionally, the KDJ (KDJ Index) has also triggered a "Death Cross," further supporting the bearish trend. Furthermore, the appearance of a "Bearish Marubozu" candlestick pattern at 11:45 on 3/11/2025 suggests that sellers are currently in control of the market, and the downward momentum is likely to continue. These indicators collectively suggest that the stock price has the potential to continue falling.
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