(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 2024-08-05 View latest technical analysis
10 day averaged volume of Ericsson is 21232570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 6.53 | 6.46 | 6.60 | 6.41 | 1.385 times |
| 02 Fri Aug 2024 | 6.74 | 6.74 | 6.80 | 6.69 | 1.106 times |
| 01 Thu Aug 2024 | 6.78 | 6.88 | 6.95 | 6.76 | 0.988 times |
| 31 Wed Jul 2024 | 6.89 | 6.77 | 6.96 | 6.77 | 1.17 times |
| 30 Tue Jul 2024 | 6.87 | 6.73 | 6.89 | 6.72 | 1.194 times |
| 29 Mon Jul 2024 | 6.75 | 6.71 | 6.80 | 6.66 | 1.328 times |
| 26 Fri Jul 2024 | 6.69 | 6.59 | 6.70 | 6.58 | 0.775 times |
| 25 Thu Jul 2024 | 6.55 | 6.55 | 6.62 | 6.53 | 0.943 times |
| 24 Wed Jul 2024 | 6.55 | 6.62 | 6.63 | 6.55 | 0.577 times |
| 23 Tue Jul 2024 | 6.64 | 6.63 | 6.68 | 6.61 | 0.596 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 6.5 as stoploss in an intra day buy trade for a target of 6.64. However, stock will show a bearish move below 6.5.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 5.00 |
| Downside Target | 5.60 |
| Downside Target | 5.76 |
| Downside Target | 6.12 |
| Downside Target | 6.31 |
| Upside Target | 6.66 |
| Upside Target | 6.72 |
| Upside Target | 6.74 |
| Upside Target | 6.81 |
| Upside Target | 6.95 |
| Upside Target | 6.96 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 6.43 |
| Downside Intraday Target | 6.32 |
| Upside Intraday Target | 6.62 |
| Upside Intraday Target | 6.7 |
| Downside Intraday Target | 6.51 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 6.53 | 6.46 | 6.60 | 6.41 | 0.239 times |
| 02 Fri Aug 2024 | 6.74 | 6.71 | 6.96 | 6.66 | 1.373 times |
| 26 Fri Jul 2024 | 6.69 | 6.60 | 6.72 | 6.53 | 0.76 times |
| 19 Fri Jul 2024 | 6.57 | 6.55 | 6.81 | 6.43 | 1.152 times |
| 12 Fri Jul 2024 | 6.68 | 6.33 | 6.74 | 6.31 | 4.232 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 |
| 05 Mon Aug 2024 | 6.53 | 6.88 | 6.95 | 6.41 | 0.167 times |
| 31 Wed Jul 2024 | 6.89 | 6.26 | 6.96 | 6.12 | 1.89 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 |
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 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 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 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 gaining momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
Ericsson Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.71 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
Ericsson Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.71 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.