(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 2024-12-16 View latest technical analysis
10 day averaged volume of Ericsson is 18858010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 8.24 | 8.30 | 8.33 | 8.23 | 0.639 times |
| 13 Fri Dec 2024 | 8.30 | 8.34 | 8.34 | 8.25 | 0.648 times |
| 12 Thu Dec 2024 | 8.23 | 8.26 | 8.35 | 8.22 | 0.79 times |
| 11 Wed Dec 2024 | 8.27 | 8.24 | 8.33 | 8.21 | 1.2 times |
| 10 Tue Dec 2024 | 8.31 | 8.36 | 8.36 | 8.28 | 0.633 times |
| 09 Mon Dec 2024 | 8.37 | 8.42 | 8.48 | 8.36 | 0.759 times |
| 26 Tue Nov 2024 | 8.20 | 8.19 | 8.23 | 8.15 | 1.256 times |
| 26 Tue Nov 2024 | 8.20 | 8.19 | 8.23 | 8.15 | 1.256 times |
| 25 Mon Nov 2024 | 8.16 | 8.13 | 8.18 | 8.08 | 1.192 times |
| 22 Fri Nov 2024 | 8.14 | 8.03 | 8.16 | 8.03 | 1.332 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 | 8.08 |
| Downside Target | 8.23 |
| Upside Target | 8.33 |
| 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 | 8.2 |
| Downside Intraday Target | 8.17 |
| Upside Intraday Target | 8.3 |
| Upside Intraday Target | 8.37 |
| Upside Intraday Target | 8.27 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 8.24 | 8.30 | 8.33 | 8.23 | 0.159 times |
| 13 Fri Dec 2024 | 8.30 | 8.42 | 8.48 | 8.21 | 3.208 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 |
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 |
| 16 Mon Dec 2024 | 8.24 | 8.42 | 8.48 | 8.21 | 0.227 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 in or below 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
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 8.23 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 in or below 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
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 8.23 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.