(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 2024-03-19 View latest technical analysis
10 day averaged volume of Ericsson is 17767810
Date | Daily Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 5.45 | 5.36 | 5.46 | 5.34 | 1.107 times |
18 Mon Mar 2024 | 5.33 | 5.53 | 5.54 | 5.32 | 1.749 times |
15 Fri Mar 2024 | 5.74 | 5.75 | 5.79 | 5.73 | 0.691 times |
14 Thu Mar 2024 | 5.68 | 5.69 | 5.70 | 5.64 | 0.901 times |
13 Wed Mar 2024 | 5.69 | 5.72 | 5.75 | 5.67 | 0.714 times |
12 Tue Mar 2024 | 5.69 | 5.68 | 5.71 | 5.63 | 0.819 times |
11 Mon Mar 2024 | 5.57 | 5.56 | 5.60 | 5.56 | 0.537 times |
08 Fri Mar 2024 | 5.56 | 5.58 | 5.62 | 5.55 | 1.046 times |
07 Thu Mar 2024 | 5.58 | 5.56 | 5.62 | 5.55 | 0.898 times |
06 Wed Mar 2024 | 5.57 | 5.49 | 5.60 | 5.46 | 1.247 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 5.4 as stoploss in an intra day buy trade for a target of 5.51. However, stock will show a bearish move below 5.4.
Share price targets for Ericsson (ERIC)
Target Type | Value |
Downside Target | 4.38 |
Downside Target | 4.86 |
Downside Target | 5.07 |
Downside Target | 5.20 |
Upside Target | 5.53 |
Upside Target | 5.54 |
Upside Target | 5.56 |
Upside Target | 5.62 |
Upside Target | 5.79 |
Upside Target | 6.30 |
Upside Target | 6.36 |
Intraday share price targets for Ericsson (ERIC)
Target Type | Value |
Downside Intraday Target | 5.33 |
Downside Intraday Target | 5.22 |
Upside Intraday Target | 5.55 |
Upside Intraday Target | 5.66 |
Downside Intraday Target | 5.44 |
Weekly technical analysis of Ericsson (ERIC)
Date | Weekly Closing Price | Open | High | Low | Volume |
19 Tue Mar 2024 | 5.45 | 5.53 | 5.54 | 5.32 | 0.78 times |
15 Fri Mar 2024 | 5.74 | 5.56 | 5.79 | 5.56 | 0.713 times |
08 Fri Mar 2024 | 5.56 | 5.47 | 5.62 | 5.38 | 1.35 times |
01 Fri Mar 2024 | 5.48 | 5.45 | 5.51 | 5.38 | 1.001 times |
23 Fri Feb 2024 | 5.46 | 5.35 | 5.48 | 5.30 | 0.799 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 |
19 Tue Mar 2024 | 5.45 | 5.44 | 5.79 | 5.32 | 0.643 times |
29 Thu Feb 2024 | 5.44 | 5.47 | 5.53 | 5.20 | 0.908 times |
31 Wed Jan 2024 | 5.51 | 6.26 | 6.30 | 5.50 | 1.267 times |
29 Fri Dec 2023 | 6.30 | 4.89 | 6.36 | 4.86 | 2.027 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 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 5.55 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term and the sell signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 5.55 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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.