(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 2024-06-27 View latest technical analysis
10 day averaged volume of Ericsson is 11435350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 6.13 | 6.12 | 6.15 | 6.09 | 0.858 times |
| 26 Wed Jun 2024 | 6.02 | 6.02 | 6.07 | 6.00 | 0.872 times |
| 25 Tue Jun 2024 | 6.07 | 6.06 | 6.09 | 6.03 | 0.912 times |
| 24 Mon Jun 2024 | 6.11 | 6.11 | 6.17 | 6.08 | 1.318 times |
| 21 Fri Jun 2024 | 5.96 | 5.91 | 5.96 | 5.84 | 0.691 times |
| 20 Thu Jun 2024 | 5.94 | 5.96 | 5.98 | 5.92 | 1.058 times |
| 18 Tue Jun 2024 | 5.91 | 5.90 | 5.95 | 5.89 | 0.887 times |
| 18 Tue Jun 2024 | 5.91 | 5.90 | 5.95 | 5.89 | 0.887 times |
| 17 Mon Jun 2024 | 5.86 | 5.84 | 5.87 | 5.79 | 0.833 times |
| 14 Fri Jun 2024 | 5.81 | 5.78 | 5.83 | 5.76 | 1.046 times |
My analysis of stock is bullish for shortterm, and stock might move up till 6.2 or till 6.4. Use a stoploss of 6.07 and if this stock hits its stoploss, then it can fall down till 5.92
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 |
| Downside Target | 6.00 |
| Upside Target | 6.15 |
| Upside Target | 6.16 |
| Upside Target | 6.17 |
| Upside Target | 6.19 |
| Upside Target | 6.34 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 6.03 |
| Downside Intraday Target | 5.93 |
| Upside Intraday Target | 6.2 |
| Upside Intraday Target | 6.27 |
| Downside Intraday Target | 6.1 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 6.13 | 6.11 | 6.17 | 6.00 | 1.502 times |
| 21 Fri Jun 2024 | 5.96 | 5.90 | 5.98 | 5.84 | 1.533 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ericsson (ERIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 6.13 | 6.28 | 6.34 | 5.76 | 0.688 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 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 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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ericsson (ERIC) stock. Volume based technical analysis of Ericsson (ERIC) stock is negative.
Ericsson Stock is giving positive 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 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 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 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 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.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Ericsson (ERIC) stock. Volume based technical analysis of Ericsson (ERIC) stock is negative.
Ericsson Stock is giving positive 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.