(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 2024-09-16 View latest technical analysis
10 day averaged volume of Ericsson is 15478310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 7.37 | 7.43 | 7.45 | 7.32 | 0.948 times |
| 13 Fri Sep 2024 | 7.46 | 7.34 | 7.47 | 7.33 | 0.995 times |
| 12 Thu Sep 2024 | 7.31 | 7.29 | 7.33 | 7.27 | 0.941 times |
| 11 Wed Sep 2024 | 7.29 | 7.26 | 7.29 | 7.16 | 0.867 times |
| 10 Tue Sep 2024 | 7.33 | 7.30 | 7.34 | 7.26 | 1.194 times |
| 09 Mon Sep 2024 | 7.30 | 7.26 | 7.33 | 7.24 | 0.831 times |
| 06 Fri Sep 2024 | 7.22 | 7.28 | 7.33 | 7.21 | 1.157 times |
| 05 Thu Sep 2024 | 7.37 | 7.35 | 7.42 | 7.31 | 1.105 times |
| 04 Wed Sep 2024 | 7.43 | 7.34 | 7.44 | 7.33 | 0.952 times |
| 03 Tue Sep 2024 | 7.33 | 7.44 | 7.46 | 7.32 | 1.122 times |
My analysis of stock is bullish for shortterm, and stock might move up till 7.4 or till 7.5. Use a stoploss of 7.36 and if this stock hits its stoploss, then it can fall down till 7.28
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 5.00 |
| Downside Target | 5.76 |
| Downside Target | 6.12 |
| Downside Target | 6.34 |
| Downside Target | 6.96 |
| Downside Target | 7.16 |
| Upside Target | 7.45 |
| Upside Target | 7.46 |
| Upside Target | 7.47 |
| Upside Target | 7.48 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 7.31 |
| Downside Intraday Target | 7.25 |
| Upside Intraday Target | 7.44 |
| Upside Intraday Target | 7.51 |
| Upside Intraday Target | 7.38 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 7.37 | 7.43 | 7.45 | 7.32 | 0.196 times |
| 13 Fri Sep 2024 | 7.46 | 7.26 | 7.47 | 7.16 | 1.113 times |
| 06 Fri Sep 2024 | 7.22 | 7.44 | 7.46 | 7.21 | 5.186 times |
| 30 Fri Aug 2024 | 7.45 | 7.46 | 7.46 | 7.41 | 0.205 times |
| 30 Fri Aug 2024 | 7.45 | 7.40 | 7.48 | 7.37 | 0.864 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 |
| 16 Mon Sep 2024 | 7.37 | 7.44 | 7.47 | 7.16 | 0.408 times |
| 30 Fri Aug 2024 | 7.45 | 6.88 | 7.48 | 6.41 | 0.866 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 |
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 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 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 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.
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 coming down
CCI has generated a SELL signal for Ericsson in short term but SELL signal is weak.
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 7.34 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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.
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 coming down
CCI has generated a SELL signal for Ericsson in short term but SELL signal is weak.
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 7.34 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.