(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 16965410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Fri May 2024 | 5.21 | 5.23 | 5.27 | 5.20 | 0.803 times |
| 02 Thu May 2024 | 5.15 | 5.10 | 5.16 | 5.07 | 1.003 times |
| 01 Wed May 2024 | 5.08 | 5.00 | 5.17 | 5.00 | 1.23 times |
| 30 Tue Apr 2024 | 5.02 | 5.08 | 5.12 | 5.02 | 0.661 times |
| 29 Mon Apr 2024 | 5.15 | 5.12 | 5.16 | 5.09 | 0.875 times |
| 26 Fri Apr 2024 | 5.18 | 5.23 | 5.24 | 5.17 | 0.51 times |
| 25 Thu Apr 2024 | 5.24 | 5.20 | 5.27 | 5.18 | 0.885 times |
| 24 Wed Apr 2024 | 5.28 | 5.26 | 5.30 | 5.20 | 1.326 times |
| 23 Tue Apr 2024 | 5.36 | 5.25 | 5.38 | 5.22 | 0.974 times |
| 22 Mon Apr 2024 | 5.26 | 5.20 | 5.28 | 5.15 | 1.375 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.2, but if it comes below 5.2, then a intra day sell could be more profitable.
If you take a sell trade below 5.2, then use 5.2 as stoploss and 5.1 as target. However if you take a buy trade in stock , then use 5.2 as stoploss and 5.4 as target.
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 | 5.05 |
| Downside Intraday Target | 4.89 |
| Upside Intraday Target | 5.32 |
| Upside Intraday Target | 5.43 |
| Downside Intraday Target | 5.16 |
Weekly technical analysis of Ericsson (ERIC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 05 Fri Apr 2024 | 5.08 | 5.54 | 5.60 | 5.07 | 1.778 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 |
| 03 Fri May 2024 | 5.21 | 5.00 | 5.27 | 5.00 | 0.115 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 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 neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Ericsson stock for short term is BUY. Signal strength is Weak and stock is gaining 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 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 weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 5.2 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 neutral. A longer time frame might give a better analysis.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Ericsson stock for short term is BUY. Signal strength is Weak and stock is gaining 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 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 weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 5.2 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.