(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 2024-09-19 View latest technical analysis
10 day averaged volume of Ericsson is 15837090
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 7.46 | 7.50 | 7.53 | 7.45 | 0.885 times |
| 18 Wed Sep 2024 | 7.35 | 7.37 | 7.50 | 7.33 | 1.102 times |
| 17 Tue Sep 2024 | 7.36 | 7.38 | 7.39 | 7.32 | 1.042 times |
| 16 Mon Sep 2024 | 7.37 | 7.43 | 7.45 | 7.32 | 0.927 times |
| 13 Fri Sep 2024 | 7.46 | 7.34 | 7.47 | 7.33 | 0.972 times |
| 12 Thu Sep 2024 | 7.31 | 7.29 | 7.33 | 7.27 | 0.92 times |
| 11 Wed Sep 2024 | 7.29 | 7.26 | 7.29 | 7.16 | 0.848 times |
| 10 Tue Sep 2024 | 7.33 | 7.30 | 7.34 | 7.26 | 1.167 times |
| 09 Mon Sep 2024 | 7.30 | 7.26 | 7.33 | 7.24 | 0.812 times |
| 06 Fri Sep 2024 | 7.22 | 7.28 | 7.33 | 7.21 | 1.131 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.4, but if it comes below 7.4, then a intra day sell could be more profitable.
If you take a sell trade below 7.4, then use 7.4 as stoploss and 7.38 as target. However if you take a buy trade in stock , then use 7.4 as stoploss and 7.5 as target.
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 |
| Downside Target | 7.46 |
| Upside Target | 7.47 |
| Upside Target | 7.48 |
| Upside Target | 7.53 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 7.34 |
| Downside Intraday Target | 7.23 |
| Upside Intraday Target | 7.55 |
| Upside Intraday Target | 7.65 |
| Downside Intraday Target | 7.44 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Sep 2024 | 7.46 | 7.43 | 7.53 | 7.32 | 0.838 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 |
| 19 Thu Sep 2024 | 7.46 | 7.44 | 7.53 | 7.16 | 0.533 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 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 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 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 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 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 losing 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. 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 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 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 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 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 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 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 losing 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. 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 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 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.