(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 2024-10-10 View latest technical analysis
10 day averaged volume of Ericsson is 12199860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 7.45 | 7.49 | 7.49 | 7.41 | 0.786 times |
| 09 Wed Oct 2024 | 7.55 | 7.41 | 7.55 | 7.41 | 0.888 times |
| 08 Tue Oct 2024 | 7.52 | 7.48 | 7.53 | 7.46 | 0.756 times |
| 07 Mon Oct 2024 | 7.43 | 7.44 | 7.48 | 7.39 | 0.843 times |
| 04 Fri Oct 2024 | 7.41 | 7.36 | 7.41 | 7.35 | 1.233 times |
| 03 Thu Oct 2024 | 7.35 | 7.38 | 7.39 | 7.31 | 0.985 times |
| 02 Wed Oct 2024 | 7.49 | 7.41 | 7.49 | 7.37 | 0.943 times |
| 01 Tue Oct 2024 | 7.49 | 7.56 | 7.56 | 7.46 | 1.211 times |
| 30 Mon Sep 2024 | 7.58 | 7.66 | 7.67 | 7.50 | 1.083 times |
| 27 Fri Sep 2024 | 7.70 | 7.73 | 7.77 | 7.69 | 0.947 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 7.4 as stoploss in an intra day buy trade for a target of 7.52. However, stock will show a bearish move below 7.4.
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 |
| Downside Target | 7.31 |
| Upside Target | 7.55 |
| 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 | 7.38 |
| Downside Intraday Target | 7.3 |
| Upside Intraday Target | 7.54 |
| Upside Intraday Target | 7.62 |
| Upside Intraday Target | 7.46 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 7.45 | 7.44 | 7.55 | 7.39 | 0.6 times |
| 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 |
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 |
| 10 Thu Oct 2024 | 7.45 | 7.56 | 7.56 | 7.31 | 0.3 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 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 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 7.5 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 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 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 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 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 weakening, and bulls are picking up momentum!
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 SELL signal in short term and selling is picking up 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 7.5 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.