(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 2024-10-16 View latest technical analysis
10 day averaged volume of Ericsson is 14343340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 8.48 | 8.44 | 8.52 | 8.37 | 1.736 times |
| 15 Tue Oct 2024 | 8.53 | 8.22 | 8.62 | 8.14 | 3.401 times |
| 14 Mon Oct 2024 | 7.54 | 7.51 | 7.55 | 7.48 | 0.695 times |
| 11 Fri Oct 2024 | 7.51 | 7.50 | 7.56 | 7.47 | 0.432 times |
| 10 Thu Oct 2024 | 7.45 | 7.49 | 7.49 | 7.41 | 0.668 times |
| 09 Wed Oct 2024 | 7.55 | 7.41 | 7.55 | 7.41 | 0.755 times |
| 08 Tue Oct 2024 | 7.52 | 7.48 | 7.53 | 7.46 | 0.643 times |
| 07 Mon Oct 2024 | 7.43 | 7.44 | 7.48 | 7.39 | 0.717 times |
| 04 Fri Oct 2024 | 7.41 | 7.36 | 7.41 | 7.35 | 1.048 times |
| 03 Thu Oct 2024 | 7.35 | 7.38 | 7.39 | 7.31 | 0.838 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 8.3, for a target of 7.9 or 7.64
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 |
| Downside Target | 7.56 |
| Downside Target | 7.65 |
| Downside Target | 7.67 |
| Downside Target | 7.83 |
| Upside Target | 8.62 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 7.77 |
| Downside Intraday Target | 7.05 |
| Upside Intraday Target | 8.91 |
| Upside Intraday Target | 9.33 |
| Downside Intraday Target | 8.19 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 8.48 | 7.51 | 8.62 | 7.48 | 1.813 times |
| 11 Fri Oct 2024 | 7.51 | 7.44 | 7.56 | 7.39 | 0.693 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ericsson (ERIC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Wed Oct 2024 | 8.48 | 7.56 | 8.62 | 7.31 | 0.589 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term and the buy signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ericsson in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 7.96 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term and the buy signal is strong.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ericsson in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 7.96 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.