(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 2024-11-04 View latest technical analysis
10 day averaged volume of Ericsson is 17097370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 8.31 | 8.38 | 8.42 | 8.30 | 1.01 times |
| 01 Fri Nov 2024 | 8.47 | 8.42 | 8.55 | 8.41 | 0.83 times |
| 31 Thu Oct 2024 | 8.38 | 8.40 | 8.41 | 8.31 | 1.292 times |
| 30 Wed Oct 2024 | 8.51 | 8.53 | 8.56 | 8.47 | 1.114 times |
| 29 Tue Oct 2024 | 8.58 | 8.56 | 8.60 | 8.54 | 1.047 times |
| 28 Mon Oct 2024 | 8.59 | 8.55 | 8.60 | 8.49 | 0.937 times |
| 25 Fri Oct 2024 | 8.44 | 8.52 | 8.54 | 8.44 | 0.746 times |
| 24 Thu Oct 2024 | 8.50 | 8.50 | 8.54 | 8.45 | 0.863 times |
| 23 Wed Oct 2024 | 8.42 | 8.39 | 8.46 | 8.38 | 0.854 times |
| 22 Tue Oct 2024 | 8.43 | 8.43 | 8.48 | 8.38 | 1.063 times |
My analysis of stock is bullish for shortterm, and stock might move up till 8.6 or till 9.1. Use a stoploss of 8.22 and if this stock hits its stoploss, then it can fall down till 7.8
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 | 8.30 |
| Upside Target | 8.42 |
| 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 | 8.27 |
| Downside Intraday Target | 8.22 |
| Upside Intraday Target | 8.39 |
| Upside Intraday Target | 8.46 |
| Upside Intraday Target | 8.34 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Nov 2024 | 8.31 | 8.38 | 8.42 | 8.30 | 0.193 times |
| 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 |
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 |
| 04 Mon Nov 2024 | 8.31 | 8.42 | 8.55 | 8.30 | 0.083 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Ericsson in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.46 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Ericsson in short term but the sell signal is initial and weak.
Ericsson Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Ericsson in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 8.46 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 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.