(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 2024-11-01 View latest technical analysis
10 day averaged volume of Ericsson is 17771950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 8.47 | 8.42 | 8.55 | 8.41 | 0.799 times |
| 31 Thu Oct 2024 | 8.38 | 8.40 | 8.41 | 8.31 | 1.243 times |
| 30 Wed Oct 2024 | 8.51 | 8.53 | 8.56 | 8.47 | 1.072 times |
| 29 Tue Oct 2024 | 8.58 | 8.56 | 8.60 | 8.54 | 1.008 times |
| 28 Mon Oct 2024 | 8.59 | 8.55 | 8.60 | 8.49 | 0.901 times |
| 25 Fri Oct 2024 | 8.44 | 8.52 | 8.54 | 8.44 | 0.717 times |
| 24 Thu Oct 2024 | 8.50 | 8.50 | 8.54 | 8.45 | 0.83 times |
| 23 Wed Oct 2024 | 8.42 | 8.39 | 8.46 | 8.38 | 0.822 times |
| 22 Tue Oct 2024 | 8.43 | 8.43 | 8.48 | 8.38 | 1.023 times |
| 21 Mon Oct 2024 | 8.46 | 8.47 | 8.54 | 8.42 | 1.207 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.6 as stoploss in an intra day sell trade for a target of 8.18. However, stock will show a bullish move above 8.6.
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 | 7.83 |
| Downside Target | 8.31 |
| Downside Target | 8.41 |
| 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 | 8.32 |
| Downside Intraday Target | 8.17 |
| Upside Intraday Target | 8.61 |
| Upside Intraday Target | 8.75 |
| Downside Intraday Target | 8.46 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 18 Fri Oct 2024 | 8.50 | 7.51 | 8.62 | 7.48 | 2.621 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 |
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 |
| 01 Fri Nov 2024 | 8.47 | 8.42 | 8.55 | 8.41 | 0.038 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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
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 8.48 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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
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 8.48 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.