(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 2024-05-02 View latest technical analysis
10 day averaged volume of Ericsson is 18228560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 5.15 | 5.10 | 5.16 | 5.07 | 0.934 times |
| 01 Wed May 2024 | 5.08 | 5.00 | 5.17 | 5.00 | 1.145 times |
| 30 Tue Apr 2024 | 5.02 | 5.08 | 5.12 | 5.02 | 0.616 times |
| 29 Mon Apr 2024 | 5.15 | 5.12 | 5.16 | 5.09 | 0.814 times |
| 26 Fri Apr 2024 | 5.18 | 5.23 | 5.24 | 5.17 | 0.474 times |
| 25 Thu Apr 2024 | 5.24 | 5.20 | 5.27 | 5.18 | 0.824 times |
| 24 Wed Apr 2024 | 5.28 | 5.26 | 5.30 | 5.20 | 1.234 times |
| 23 Tue Apr 2024 | 5.36 | 5.25 | 5.38 | 5.22 | 0.907 times |
| 22 Mon Apr 2024 | 5.26 | 5.20 | 5.28 | 5.15 | 1.28 times |
| 19 Fri Apr 2024 | 5.10 | 5.03 | 5.14 | 5.03 | 1.079 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.2 or till 5.4. Use a stoploss of 5.1 and if this stock hits its stoploss, then it can fall down till 4.96
Share price targets for Ericsson (ERIC)
| Target Type | Value |
| Downside Target | 4.77 |
| Downside Target | 4.87 |
| Downside Target | 5.00 |
| Upside Target | 5.32 |
| 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 | 5.04 |
| Downside Intraday Target | 4.94 |
| Upside Intraday Target | 5.21 |
| Upside Intraday Target | 5.28 |
| Downside Intraday Target | 5.11 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 5.15 | 5.12 | 5.17 | 5.00 | 0.743 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 |
| 05 Fri Apr 2024 | 5.08 | 5.54 | 5.60 | 5.07 | 1.778 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 |
| 02 Thu May 2024 | 5.15 | 5.00 | 5.17 | 5.00 | 0.085 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY signal for Ericsson in short term but the buy 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. Bears 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 moving up
CCI has generated a buy signal for Ericsson in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 5.19 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY signal for Ericsson in short term but the buy 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. Bears 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 moving up
CCI has generated a buy signal for Ericsson in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 5.19 and Ericsson (ERIC) stock is trading below this level. This means that stock is falling with high volumes. 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.