(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 2024-07-08 View latest technical analysis
10 day averaged volume of Ericsson is 11259770
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 6.40 | 6.33 | 6.43 | 6.31 | 1.593 times |
| 05 Fri Jul 2024 | 6.22 | 6.24 | 6.25 | 6.12 | 1.47 times |
| 03 Wed Jul 2024 | 6.19 | 6.24 | 6.27 | 6.18 | 0.673 times |
| 03 Wed Jul 2024 | 6.19 | 6.24 | 6.27 | 6.18 | 0.673 times |
| 02 Tue Jul 2024 | 6.20 | 6.18 | 6.22 | 6.17 | 0.857 times |
| 01 Mon Jul 2024 | 6.26 | 6.26 | 6.29 | 6.21 | 1.24 times |
| 28 Fri Jun 2024 | 6.17 | 6.11 | 6.18 | 6.11 | 1.064 times |
| 27 Thu Jun 2024 | 6.13 | 6.12 | 6.15 | 6.09 | 0.871 times |
| 26 Wed Jun 2024 | 6.02 | 6.02 | 6.07 | 6.00 | 0.886 times |
| 25 Tue Jun 2024 | 6.07 | 6.06 | 6.09 | 6.03 | 0.926 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 6.4, for a target of 6.2 or 6.07
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 5.00 |
| Downside Target | 5.32 |
| Downside Target | 5.60 |
| Downside Target | 5.76 |
| Downside Target | 5.98 |
| Downside Target | 6.12 |
| Downside Target | 6.27 |
| Downside Target | 6.29 |
| Downside Target | 6.31 |
| Downside Target | 6.34 |
| Upside Target | 6.43 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 6.33 |
| Downside Intraday Target | 6.26 |
| Upside Intraday Target | 6.45 |
| Upside Intraday Target | 6.5 |
| Downside Intraday Target | 6.38 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 6.40 | 6.33 | 6.43 | 6.31 | 0.743 times |
| 05 Fri Jul 2024 | 6.22 | 6.24 | 6.27 | 6.12 | 0.774 times |
| 03 Wed Jul 2024 | 6.19 | 6.26 | 6.29 | 6.17 | 0.545 times |
| 28 Fri Jun 2024 | 6.17 | 6.11 | 6.18 | 6.00 | 1.9 times |
| 21 Fri Jun 2024 | 5.96 | 5.90 | 5.98 | 5.84 | 1.533 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 |
| 08 Mon Jul 2024 | 6.40 | 6.26 | 6.43 | 6.12 | 0.313 times |
| 28 Fri Jun 2024 | 6.17 | 6.28 | 6.34 | 5.76 | 0.725 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 |
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 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 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.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ericsson in short term and the buy 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 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 BUY signal in short term and the buying is gaining 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 6.2 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 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 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.
Price action analysis of Ericsson ( (ERIC) ) based on a short to mid 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ericsson in short term and the buy 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 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 BUY signal in short term and the buying is gaining 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 6.2 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.