(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 2024-06-14 View latest technical analysis
10 day averaged volume of Ericsson is 13411390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 5.81 | 5.78 | 5.83 | 5.76 | 0.892 times |
| 13 Thu Jun 2024 | 5.88 | 5.99 | 6.00 | 5.85 | 1.275 times |
| 12 Wed Jun 2024 | 6.10 | 6.16 | 6.19 | 6.07 | 1.365 times |
| 11 Tue Jun 2024 | 6.02 | 6.02 | 6.06 | 5.99 | 0.814 times |
| 10 Mon Jun 2024 | 6.14 | 6.13 | 6.17 | 6.10 | 0.562 times |
| 07 Fri Jun 2024 | 6.22 | 6.25 | 6.27 | 6.19 | 0.763 times |
| 06 Thu Jun 2024 | 6.29 | 6.29 | 6.34 | 6.26 | 0.58 times |
| 05 Wed Jun 2024 | 6.32 | 6.31 | 6.32 | 6.25 | 0.85 times |
| 04 Tue Jun 2024 | 6.26 | 6.23 | 6.26 | 6.20 | 1.142 times |
| 03 Mon Jun 2024 | 6.25 | 6.28 | 6.29 | 6.16 | 1.252 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 5.8 as stoploss in an intra day buy trade for a target of 6.01. However, stock will show a bearish move below 5.8.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 5.00 |
| Downside Target | 5.20 |
| Downside Target | 5.53 |
| Upside Target | 5.85 |
| Upside Target | 5.97 |
| Upside Target | 6.15 |
| Upside Target | 6.16 |
| Upside Target | 6.19 |
| Upside Target | 6.34 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 5.65 |
| Downside Intraday Target | 5.49 |
| Upside Intraday Target | 6.08 |
| Upside Intraday Target | 6.35 |
| Upside Intraday Target | 5.92 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 5.81 | 6.13 | 6.19 | 5.76 | 1.07 times |
| 07 Fri Jun 2024 | 6.22 | 6.28 | 6.34 | 6.16 | 0.829 times |
| 31 Fri May 2024 | 6.14 | 5.95 | 6.15 | 5.85 | 1.122 times |
| 23 Thu May 2024 | 5.87 | 5.76 | 5.97 | 5.71 | 0.751 times |
| 17 Fri May 2024 | 5.74 | 5.31 | 5.74 | 5.30 | 2.029 times |
Price has moved down 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 |
| 14 Fri Jun 2024 | 5.81 | 6.28 | 6.34 | 5.76 | 0.394 times |
| 31 Fri May 2024 | 6.14 | 5.00 | 6.15 | 5.00 | 0.722 times |
| 30 Tue Apr 2024 | 5.02 | 5.54 | 5.60 | 4.77 | 1.458 times |
| 28 Thu Mar 2024 | 5.51 | 5.44 | 5.79 | 5.32 | 0.897 times |
Scroll below to view daily charts
Price has moved down 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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ericsson in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Ericsson is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.12 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Ericsson in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Ericsson is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.12 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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.