(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.
10 day averaged volume of Ericsson is 14647340
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 5.26 | 5.25 | 5.30 | 5.22 | 0.425 times |
| 07 Tue May 2024 | 5.30 | 5.35 | 5.37 | 5.28 | 0.82 times |
| 06 Mon May 2024 | 5.26 | 5.26 | 5.28 | 5.23 | 0.732 times |
| 03 Fri May 2024 | 5.21 | 5.23 | 5.27 | 5.20 | 0.93 times |
| 02 Thu May 2024 | 5.15 | 5.10 | 5.16 | 5.07 | 1.162 times |
| 01 Wed May 2024 | 5.08 | 5.00 | 5.17 | 5.00 | 1.425 times |
| 30 Tue Apr 2024 | 5.02 | 5.08 | 5.12 | 5.02 | 0.766 times |
| 29 Mon Apr 2024 | 5.15 | 5.12 | 5.16 | 5.09 | 1.013 times |
| 26 Fri Apr 2024 | 5.18 | 5.23 | 5.24 | 5.17 | 0.59 times |
| 25 Thu Apr 2024 | 5.24 | 5.20 | 5.27 | 5.18 | 1.026 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 5.3 as stoploss in an intra day sell trade for a target of 5.12. However, stock will show a bullish move above 5.3.
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 4.87 |
| Downside Target | 5.00 |
| Downside Target | 5.14 |
| Upside Target | 5.37 |
| Upside Target | 5.38 |
| Upside Target | 5.50 |
| Upside Target | 5.53 |
| Upside Target | 5.60 |
| Upside Target | 5.79 |
| Upside Target | 6.30 |
Intraday share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Intraday Target | 5.2 |
| Downside Intraday Target | 5.13 |
| Upside Intraday Target | 5.35 |
| Upside Intraday Target | 5.43 |
| Upside Intraday Target | 5.28 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 5.26 | 5.26 | 5.37 | 5.22 | 0.373 times |
| 03 Fri May 2024 | 5.21 | 5.12 | 5.27 | 5.00 | 0.902 times |
| 26 Fri Apr 2024 | 5.18 | 5.20 | 5.38 | 5.15 | 0.514 times |
| 19 Fri Apr 2024 | 5.10 | 4.97 | 5.14 | 4.77 | 1.817 times |
| 12 Fri Apr 2024 | 4.89 | 5.21 | 5.28 | 4.87 | 1.207 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 |
| 08 Wed May 2024 | 5.26 | 5.00 | 5.37 | 5.00 | 0.18 times |
| 30 Tue Apr 2024 | 5.02 | 5.54 | 5.60 | 4.77 | 1.458 times |
| 28 Thu Mar 2024 | 5.51 | 5.44 | 5.79 | 5.32 | 0.897 times |
| 29 Thu Feb 2024 | 5.44 | 5.47 | 5.53 | 5.20 | 0.908 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling 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 5.17 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Ericsson stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Ericsson in short term but the buy signal is initial and weak.
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 red color and prices are in or above the red 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 SELL signal in short term but selling 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 5.17 and Ericsson (ERIC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.