Munafa technical analysis Ericsson ERIC technical analysis buy or sell
Munafa technical analysis Ericsson ERIC technical analysis buy or sell Analysis of Ericsson ERIC to buy or sell for Daily, weekly or monthly
Quick Chart Bull Charts Forecast Tomorrow Price Targets View Analysis
Date | Close | Open | High | Low |
20 Tue Aug | 7.20 | 7.17 | 7.20 | 7.15 |
19 Mon Aug | 7.19 | 7.14 | 7.21 | 7.14 |
16 Fri Aug | 7.10 | 7.02 | 7.13 | 7.02 |
15 Thu Aug | 7.00 | 6.93 | 7.01 | 6.92 |
14 Wed Aug | 6.87 | 6.86 | 6.91 | 6.83 |
Stock of Ericsson closed at 7.20 and it opened at 7.17
It moved inside a range of 7.15 and 7.20
52 week High is 7.21 and 52 week Low is 4.33
Financial Year High is 7.21 and Low is 4.77
This year High is 7.21 and Low is 4.77
Ericsson ERIC Daily Analysis to buy or sell
As per my analysis of Ericsson ERIC, 12 day returns for Ericsson ERIC have been positive, with total returns of 0.67, which is 10.26% with investment starting at 6.53.
An investment of 100,000 bucks in Ericsson would have become 110260 bucks today.
Ericsson ERIC moves in a range of 0.1 points on a day to day basis. This means that a total of approx 0.1 plus points of returns can be expected in a bullish day, and a total of 0.1 minus points can be expected in a bearish day.
This is about 1.39% of returns per day.
Ericsson Munafa analysis, looking for Trend and BUY or SELL opportunities.
![Ericsson Munafa analysis, looking for Trend and BUY or SELL opportunities.](https://munafasutra.com/images/MunafaBookCover.png?+Ericsson+Munafa+analysis%2C+looking+for+Trend+and++BUY+or+SELL+opportunities.+)
Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ericsson ERIC at this time.
It appears as if Ericsson ERIC gave a large move recently.
Stock of Ericsson (ERIC) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
Although my analysis for Ericsson is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.2, for a target of 7 or 6.79
You can find more Price Targets here or Forecast here for Shortterm, Midterm, and Longterm
Daily Candle Stick analysis of Ericsson ERIC
Candle stick analysis of Ericsson as on 20 Tue Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 0.7 HC: 0 LC: 0.7 OC: 0.4
Ericsson is moving towards a high expiry
Ericsson is forming a DOJI candle
Candle stick analysis of Ericsson as on 19 Mon Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 1 HC: 0.3 LC: 0.7 OC: 1
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 16 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 1.6 HC: 0.4 LC: 1.1 OC: 1.6
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 15 Thu Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 1.3 HC: 0.1 LC: 1.2 OC: 1.2
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 14 Wed Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 1.2 HC: 0.6 LC: 0.6 OC: 0.7
Ericsson ERIC Weekly Analysis to buy or sell
As per my analysis of Ericsson ERIC, 12 week returns for Ericsson ERIC have been positive, with total returns of 1.29, which is 21.83% with investment starting at 5.91.
An investment of 100,000 bucks in Ericsson would have become 121830 bucks today.
Ericsson ERIC moves in a range of 0.1 points on a week to week basis. This means that a total of approx 0.1 plus points of returns can be expected in a bullish week, and a total of 0.1 minus points can be expected in a bearish week.
This is about 1.39% of returns per week.
Weekly Candle Stick analysis of Ericsson ERIC
Candle stick analysis of Ericsson as on 20 Tue Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 1 HC: 0.1 LC: 0.8 OC: 1
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 16 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 6.6 HC: 0.4 LC: 6.1 OC: 5.8
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 09 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 5 HC: 0.5 LC: 4.5 OC: 4.2
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 02 Fri Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 4.5 HC: 3.3 LC: 1.2 OC: 3.7
Ericsson is moving towards a low expiry
Candle stick analysis of Ericsson as on 26 Fri Jul 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 2.9 HC: 0.5 LC: 2.5 OC: 1.8
Ericsson is moving towards a high expiry
Ericsson ERIC Monthly Analysis to buy or sell
As per my analysis of Ericsson ERIC, 12 month returns for Ericsson ERIC have been positive, with total returns of 2.34, which is 48.15% with investment starting at 4.86.
An investment of 100,000 bucks in Ericsson would have become 148150 bucks today.
Ericsson ERIC moves in a range of 0.5 points on a month to month basis. This means that a total of approx 0.5 plus points of returns can be expected in a bullish month, and a total of 0.5 minus points can be expected in a bearish month.
This is about 6.94% of returns per month.
Monthly Candle Stick analysis of Ericsson ERIC
Candle stick analysis of Ericsson as on 20 Tue Aug 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 12.5 HC: 0.1 LC: 12.3 OC: 7.5
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 26 Fri Jul 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 11.3 HC: 1.8 LC: 9.3 OC: 8.8
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 28 Fri Jun 2024 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 10.1 HC: 2.8 LC: 7.1 OC: 1
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 31 Fri May 2024 is showing a green candle, which means that the buyers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 23 HC: 0.2 LC: 22.8 OC: 20.1
Ericsson is moving towards a high expiry
Candle stick analysis of Ericsson as on 26 Fri Apr 2024 is showing a red candle, which means that the sellers are dominating this session.
Candle stick ratios of Ericsson are:
HL: 17.4 HC: 8.1 LC: 8.6 OC: 1.1
Ericsson is moving towards a high expiry
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