(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 2024-04-03 View latest technical analysis
10 day averaged volume of Ericsson is 13243010
Date | Daily Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 5.46 | 5.41 | 5.53 | 5.39 | 0.995 times |
02 Tue Apr 2024 | 5.35 | 5.37 | 5.42 | 5.34 | 1.163 times |
01 Mon Apr 2024 | 5.50 | 5.54 | 5.60 | 5.36 | 0.778 times |
28 Thu Mar 2024 | 5.51 | 5.45 | 5.56 | 5.45 | 0.786 times |
27 Wed Mar 2024 | 5.51 | 5.39 | 5.52 | 5.39 | 0.788 times |
26 Tue Mar 2024 | 5.43 | 5.41 | 5.45 | 5.40 | 0.769 times |
25 Mon Mar 2024 | 5.38 | 5.38 | 5.43 | 5.34 | 0.895 times |
22 Fri Mar 2024 | 5.43 | 5.48 | 5.51 | 5.41 | 0.87 times |
21 Thu Mar 2024 | 5.49 | 5.52 | 5.57 | 5.49 | 1.248 times |
20 Wed Mar 2024 | 5.56 | 5.43 | 5.56 | 5.43 | 1.218 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.4 or till 5.3. Use a stoploss of 5.52 and if the stock hits stoploss, then it can shoot up till 5.63
Share price targets for Ericsson (ERIC)
Target Type | Value |
Downside Target | 4.86 |
Downside Target | 5.20 |
Downside Target | 5.32 |
Upside Target | 5.50 |
Upside Target | 5.57 |
Upside Target | 5.60 |
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 | 5.21 |
Upside Intraday Target | 5.59 |
Upside Intraday Target | 5.73 |
Upside Intraday Target | 5.47 |
Weekly technical analysis of Ericsson (ERIC)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 5.46 | 5.54 | 5.60 | 5.34 | 0.906 times |
28 Thu Mar 2024 | 5.51 | 5.38 | 5.56 | 5.34 | 0.452 times |
22 Fri Mar 2024 | 5.43 | 5.53 | 5.57 | 5.32 | 1.459 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 |
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 |
03 Wed Apr 2024 | 5.46 | 5.54 | 5.60 | 5.34 | 0.127 times |
28 Thu Mar 2024 | 5.51 | 5.44 | 5.79 | 5.32 | 0.897 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 |
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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 and BUY signal is strong.
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 5.46 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 and BUY signal is strong.
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 5.46 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 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.