(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 2024-11-18 View latest technical analysis
10 day averaged volume of Ericsson is 17607800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 8.06 | 7.97 | 8.09 | 7.96 | 0.736 times |
| 15 Fri Nov 2024 | 7.97 | 7.94 | 8.00 | 7.93 | 1.125 times |
| 14 Thu Nov 2024 | 8.00 | 7.98 | 8.06 | 7.97 | 0.968 times |
| 13 Wed Nov 2024 | 7.99 | 8.05 | 8.07 | 7.98 | 1.017 times |
| 12 Tue Nov 2024 | 8.08 | 8.05 | 8.09 | 8.00 | 1.118 times |
| 11 Mon Nov 2024 | 8.17 | 8.13 | 8.20 | 8.11 | 0.846 times |
| 08 Fri Nov 2024 | 8.23 | 8.16 | 8.23 | 8.10 | 0.851 times |
| 07 Thu Nov 2024 | 8.25 | 8.23 | 8.29 | 8.20 | 0.953 times |
| 06 Wed Nov 2024 | 8.18 | 8.16 | 8.24 | 8.11 | 1.256 times |
| 05 Tue Nov 2024 | 8.35 | 8.25 | 8.36 | 8.22 | 0.886 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.1, but if it comes above 8.1, then a intra day buy could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 7.9 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 8.3 as target.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 6.12 |
| Downside Target | 6.41 |
| Downside Target | 6.96 |
| Downside Target | 7.16 |
| Downside Target | 7.31 |
| Downside Target | 7.48 |
| Downside Target | 7.83 |
| Upside Target | 8.38 |
| Upside Target | 8.42 |
| Upside Target | 8.54 |
| Upside Target | 8.55 |
| Upside Target | 8.60 |
| Upside Target | 8.62 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 7.98 |
| Downside Intraday Target | 7.91 |
| Upside Intraday Target | 8.11 |
| Upside Intraday Target | 8.17 |
| Downside Intraday Target | 8.04 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 8.06 | 7.97 | 8.09 | 7.96 | 0.145 times |
| 15 Fri Nov 2024 | 7.97 | 8.13 | 8.20 | 7.93 | 1.03 times |
| 08 Fri Nov 2024 | 8.23 | 8.38 | 8.42 | 8.10 | 0.972 times |
| 01 Fri Nov 2024 | 8.47 | 8.55 | 8.60 | 8.31 | 1.092 times |
| 25 Fri Oct 2024 | 8.44 | 8.47 | 8.54 | 8.38 | 0.676 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 |
| 18 Mon Nov 2024 | 8.06 | 8.42 | 8.55 | 7.93 | 0.539 times |
| 31 Thu Oct 2024 | 8.38 | 7.56 | 8.62 | 7.31 | 1.212 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.12 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 neutral. A longer time frame might give a better analysis.
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 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 LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.12 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.