(ERIC) Ericsson complete technical analysis [charts+indicators] | Buy/Sell Ericsson | (ERIC) share price targets
Complete technical analysis of Ericsson (ERIC) by charts plus indicators, forecast predictions and share price targets for Ericsson (ERIC)
Ericsson trades in USA in Technology sector.
Showing technical analysis as on 2024-03-27 View latest technical analysis
10 day averaged volume of Ericsson is 15791630
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 5.51 | 5.39 | 5.52 | 5.39 | 0.661 times |
| 26 Tue Mar 2024 | 5.43 | 5.41 | 5.45 | 5.40 | 0.645 times |
| 25 Mon Mar 2024 | 5.38 | 5.38 | 5.43 | 5.34 | 0.75 times |
| 22 Fri Mar 2024 | 5.43 | 5.48 | 5.51 | 5.41 | 0.729 times |
| 21 Thu Mar 2024 | 5.49 | 5.52 | 5.57 | 5.49 | 1.047 times |
| 20 Wed Mar 2024 | 5.56 | 5.43 | 5.56 | 5.43 | 1.022 times |
| 19 Tue Mar 2024 | 5.45 | 5.36 | 5.46 | 5.34 | 1.245 times |
| 18 Mon Mar 2024 | 5.33 | 5.53 | 5.54 | 5.32 | 1.968 times |
| 15 Fri Mar 2024 | 5.74 | 5.75 | 5.79 | 5.73 | 0.777 times |
| 14 Thu Mar 2024 | 5.68 | 5.69 | 5.70 | 5.64 | 1.014 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.4 or till 5.3. Use a stoploss of 5.52 and if the stock hits stoploss, then it can shoot up till 5.63
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.38 |
| Downside Target | 4.86 |
| Downside Target | 5.07 |
| Downside Target | 5.20 |
| Downside Target | 5.32 |
| Downside Target | 5.50 |
| Upside Target | 5.56 |
| Upside Target | 5.57 |
| Upside Target | 5.62 |
| Upside Target | 5.79 |
| Upside Target | 6.30 |
| Upside Target | 6.36 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 5.39 |
| Downside Intraday Target | 5.28 |
| Upside Intraday Target | 5.57 |
| Upside Intraday Target | 5.64 |
| Downside Intraday Target | 5.46 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 5.51 | 5.38 | 5.52 | 5.34 | 0.342 times |
| 22 Fri Mar 2024 | 5.43 | 5.53 | 5.57 | 5.32 | 1.459 times |
| 15 Fri Mar 2024 | 5.74 | 5.56 | 5.79 | 5.56 | 0.713 times |
| 08 Fri Mar 2024 | 5.56 | 5.47 | 5.62 | 5.38 | 1.35 times |
| 01 Fri Mar 2024 | 5.48 | 5.45 | 5.51 | 5.38 | 1.001 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ericsson (ERIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 5.51 | 5.44 | 5.79 | 5.32 | 0.866 times |
| 29 Thu Feb 2024 | 5.44 | 5.47 | 5.53 | 5.20 | 0.908 times |
| 31 Wed Jan 2024 | 5.51 | 6.26 | 6.30 | 5.50 | 1.267 times |
| 29 Fri Dec 2023 | 6.30 | 4.89 | 6.36 | 4.86 | 2.027 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ericsson (ERIC)
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ericsson ( (ERIC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ericsson in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ericsson is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.48 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Ericsson (ERIC) stock. Volume based technical analysis of Ericsson (ERIC) stock is negative.
Ericsson Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Ericsson ( (ERIC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Ericsson in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ericsson is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.48 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Ericsson (ERIC) stock. Volume based technical analysis of Ericsson (ERIC) stock is negative.
Ericsson Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.