(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 2024-12-11 View latest technical analysis
10 day averaged volume of Ericsson is 22431661
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 8.27 | 8.24 | 8.33 | 8.21 | 1.009 times |
| 10 Tue Dec 2024 | 8.31 | 8.36 | 8.36 | 8.28 | 0.532 times |
| 09 Mon Dec 2024 | 8.37 | 8.42 | 8.48 | 8.36 | 0.638 times |
| 26 Tue Nov 2024 | 8.20 | 8.19 | 8.23 | 8.15 | 1.056 times |
| 26 Tue Nov 2024 | 8.20 | 8.19 | 8.23 | 8.15 | 1.056 times |
| 25 Mon Nov 2024 | 8.16 | 8.13 | 8.18 | 8.08 | 1.002 times |
| 22 Fri Nov 2024 | 8.14 | 8.03 | 8.16 | 8.03 | 1.12 times |
| 21 Thu Nov 2024 | 8.01 | 7.94 | 8.02 | 7.91 | 0.785 times |
| 20 Wed Nov 2024 | 7.99 | 8.05 | 8.06 | 7.93 | 0.793 times |
| 19 Tue Nov 2024 | 8.31 | 7.98 | 8.52 | 7.98 | 2.44 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 8.3 as stoploss in an intra day sell trade for a target of 8.16. However, stock will show a bullish move above 8.3.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 6.41 |
| Downside Target | 7.16 |
| Downside Target | 7.31 |
| Downside Target | 7.48 |
| Downside Target | 7.83 |
| Downside Target | 8.23 |
| Upside Target | 8.48 |
| Upside Target | 8.52 |
| Upside Target | 8.55 |
| Upside Target | 8.62 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 8.16 |
| Downside Intraday Target | 8.05 |
| Upside Intraday Target | 8.43 |
| Upside Intraday Target | 8.59 |
| Upside Intraday Target | 8.32 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 8.27 | 8.42 | 8.48 | 8.21 | 2.063 times |
| 26 Tue Nov 2024 | 8.20 | 8.19 | 8.23 | 8.15 | 0.513 times |
| 26 Tue Nov 2024 | 8.20 | 8.13 | 8.23 | 8.08 | 0.36 times |
| 22 Fri Nov 2024 | 8.14 | 7.97 | 8.52 | 7.91 | 1.435 times |
| 15 Fri Nov 2024 | 7.97 | 8.13 | 8.20 | 7.93 | 1.03 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 |
| 11 Wed Dec 2024 | 8.27 | 8.42 | 8.48 | 8.21 | 0.126 times |
| 26 Tue Nov 2024 | 8.20 | 8.42 | 8.55 | 7.91 | 1.03 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 8.21 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 negative.
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 neutral. A longer time frame might give a better analysis.
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 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 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 8.21 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.