(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 2024-09-27 View latest technical analysis
10 day averaged volume of Ericsson is 15987140
Date | Daily Closing Price | Open | High | Low | Volume |
27 Fri Sep 2024 | 7.70 | 7.73 | 7.77 | 7.69 | 0.723 times |
26 Thu Sep 2024 | 7.77 | 7.75 | 7.83 | 7.72 | 0.848 times |
25 Wed Sep 2024 | 7.70 | 7.73 | 7.74 | 7.69 | 0.783 times |
24 Tue Sep 2024 | 7.74 | 7.58 | 7.75 | 7.58 | 0.989 times |
23 Mon Sep 2024 | 7.57 | 7.66 | 7.66 | 7.56 | 1.133 times |
20 Fri Sep 2024 | 7.57 | 7.56 | 7.65 | 7.49 | 1.365 times |
19 Thu Sep 2024 | 7.46 | 7.50 | 7.53 | 7.45 | 0.877 times |
18 Wed Sep 2024 | 7.35 | 7.37 | 7.50 | 7.33 | 1.092 times |
17 Tue Sep 2024 | 7.36 | 7.38 | 7.39 | 7.32 | 1.032 times |
16 Mon Sep 2024 | 7.37 | 7.43 | 7.45 | 7.32 | 0.918 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.6, but if it comes below 7.6, then a intra day sell could be more profitable.
If you take a sell trade below 7.6, then use 7.6 as stoploss and 7.45 as target. However if you take a buy trade in stock , then use 7.6 as stoploss and 7.8 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 |
Downside Target | 7.47 |
Downside Target | 7.48 |
Downside Target | 7.56 |
Downside Target | 7.65 |
Upside Target | 7.83 |
Intraday share price targets for Ericsson (ERIC)
Target Type | Value |
Downside Intraday Target | 7.56 |
Downside Intraday Target | 7.43 |
Upside Intraday Target | 7.83 |
Upside Intraday Target | 7.97 |
Downside Intraday Target | 7.7 |
Weekly technical analysis of Ericsson (ERIC)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Fri Sep 2024 | 7.70 | 7.66 | 7.83 | 7.56 | 0.847 times |
20 Fri Sep 2024 | 7.57 | 7.43 | 7.65 | 7.32 | 1.13 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 |
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 |
27 Fri Sep 2024 | 7.70 | 7.44 | 7.83 | 7.16 | 0.776 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term and the buy signal is strong.
Ericsson Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 positive zone. This is a BUY 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 7.55 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term and the buy signal is strong.
Ericsson Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 positive zone. This is a BUY 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 7.55 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.