(ERIC) Ericsson ForceIndex charts technical analysis
(ERIC) Ericsson ForceIndex charts technical analysis ForceIndex analysis of Ericsson | Buy/Sell Ericsson
Ericsson trades in USA in Technology sector.
10 day averaged volume of Ericsson is 26421700
| Date | Closing Price | Open | High | Low | Volume |
| 26 Fri Apr 2024 | 5.18 | 5.23 | 5.24 | 5.17 | 8.648 Mn |
| 25 Thu Apr 2024 | 5.24 | 5.20 | 5.27 | 5.18 | 15.023 Mn |
| 24 Wed Apr 2024 | 5.28 | 5.26 | 5.30 | 5.20 | 22.498 Mn |
| 23 Tue Apr 2024 | 5.36 | 5.25 | 5.38 | 5.22 | 16.531 Mn |
| 22 Mon Apr 2024 | 5.26 | 5.20 | 5.28 | 5.15 | 23.329 Mn |
| 19 Fri Apr 2024 | 5.10 | 5.03 | 5.14 | 5.03 | 19.674 Mn |
| 18 Thu Apr 2024 | 5.06 | 5.00 | 5.11 | 4.96 | 29.648 Mn |
| 17 Wed Apr 2024 | 4.93 | 4.91 | 4.98 | 4.85 | 29.383 Mn |
| 16 Tue Apr 2024 | 4.88 | 5.11 | 5.12 | 4.82 | 59.008 Mn |
| 15 Mon Apr 2024 | 4.79 | 4.97 | 4.99 | 4.77 | 29.511 Mn |
Indicators analysis of Ericsson (ERIC)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Ericsson ( (ERIC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 neutral. A longer time frame might give a better analysis.
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 but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are below the red 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 5.05 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.