(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 2024-10-04 View latest technical analysis
10 day averaged volume of Ericsson is 14488390
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 7.41 | 7.36 | 7.41 | 7.35 | 1.038 times |
| 03 Thu Oct 2024 | 7.35 | 7.38 | 7.39 | 7.31 | 0.829 times |
| 02 Wed Oct 2024 | 7.49 | 7.41 | 7.49 | 7.37 | 0.794 times |
| 01 Tue Oct 2024 | 7.49 | 7.56 | 7.56 | 7.46 | 1.019 times |
| 30 Mon Sep 2024 | 7.58 | 7.66 | 7.67 | 7.50 | 0.912 times |
| 27 Fri Sep 2024 | 7.70 | 7.73 | 7.77 | 7.69 | 0.797 times |
| 26 Thu Sep 2024 | 7.77 | 7.75 | 7.83 | 7.72 | 0.936 times |
| 25 Wed Sep 2024 | 7.70 | 7.73 | 7.74 | 7.69 | 0.864 times |
| 24 Tue Sep 2024 | 7.74 | 7.58 | 7.75 | 7.58 | 1.091 times |
| 23 Mon Sep 2024 | 7.57 | 7.66 | 7.66 | 7.56 | 1.25 times |
My analysis of stock is bearish for shortterm, and stock might move down till 7.3 or till 7.1. Use a stoploss of 7.48 and if the stock hits stoploss, then it can shoot up till 7.63
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 5.76 |
| Downside Target | 6.12 |
| Downside Target | 6.34 |
| Downside Target | 6.96 |
| Downside Target | 7.16 |
| Upside Target | 7.48 |
| Upside Target | 7.56 |
| Upside Target | 7.65 |
| Upside Target | 7.67 |
| Upside Target | 7.83 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 7.26 |
| Downside Intraday Target | 7.1 |
| Upside Intraday Target | 7.62 |
| Upside Intraday Target | 7.82 |
| Upside Intraday Target | 7.46 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Oct 2024 | 7.41 | 7.66 | 7.67 | 7.31 | 0.93 times |
| 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 |
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 |
| 04 Fri Oct 2024 | 7.41 | 7.56 | 7.56 | 7.31 | 0.171 times |
| 30 Mon Sep 2024 | 7.58 | 7.44 | 7.83 | 7.16 | 0.811 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 |
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 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 short 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 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 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Ericsson in short term but BUY 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 7.58 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 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 short 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 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 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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Ericsson in short term but BUY 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 7.58 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.