(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 2024-06-20 View latest technical analysis
10 day averaged volume of Ericsson is 11363380
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 5.94 | 5.96 | 5.98 | 5.92 | 1.065 times |
| 18 Tue Jun 2024 | 5.91 | 5.90 | 5.95 | 5.89 | 0.892 times |
| 18 Tue Jun 2024 | 5.91 | 5.90 | 5.95 | 5.89 | 0.892 times |
| 17 Mon Jun 2024 | 5.86 | 5.84 | 5.87 | 5.79 | 0.838 times |
| 14 Fri Jun 2024 | 5.81 | 5.78 | 5.83 | 5.76 | 1.053 times |
| 13 Thu Jun 2024 | 5.88 | 5.99 | 6.00 | 5.85 | 1.505 times |
| 12 Wed Jun 2024 | 6.10 | 6.16 | 6.19 | 6.07 | 1.611 times |
| 11 Tue Jun 2024 | 6.02 | 6.02 | 6.06 | 5.99 | 0.961 times |
| 10 Mon Jun 2024 | 6.14 | 6.13 | 6.17 | 6.10 | 0.663 times |
| 07 Fri Jun 2024 | 6.22 | 6.25 | 6.27 | 6.19 | 0.901 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 5.9 as stoploss in an intra day buy trade for a target of 6.04. However, stock will show a bearish move below 5.9.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 5.00 |
| Downside Target | 5.20 |
| Downside Target | 5.32 |
| Downside Target | 5.53 |
| Downside Target | 5.76 |
| Upside Target | 5.98 |
| 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 | 5.89 |
| Downside Intraday Target | 5.85 |
| Upside Intraday Target | 5.98 |
| Upside Intraday Target | 6.03 |
| Downside Intraday Target | 5.94 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Jun 2024 | 5.94 | 5.90 | 5.98 | 5.89 | 1.131 times |
| 18 Tue Jun 2024 | 5.91 | 5.84 | 5.95 | 5.79 | 0.299 times |
| 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 |
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 |
| 20 Thu Jun 2024 | 5.94 | 6.28 | 6.34 | 5.76 | 0.524 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 and selling is picking up 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 5.98 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 and selling is picking up 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 5.98 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.