Ericsson (ERIC) Technical (Analysis) Reports Ericsson ["Technical Analysis"] Reports -USA Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Ericsson (ERIC)
Technical Analysis Report for USA stock ERIC Ericsson. Dated: 27 Jun 2024 Updated Daily. Stock trades under Technology Deals in Radio And Television Broadcasting And Communications Equipment in USA stock exchange
If you are looking for Tomorrow's Movement Predictions for USA stock ERIC Ericsson then click here. or read Experts views on Ericsson or Forecast & share price targets of Ericsson
Ericsson Opened at 6.12 and Closed at: 6.13, which is 1.79% of previous session's close. It moved within a range of 6.09 and 6.15
The session was a Bullish session with an average volume of 9811600, which is -1.66% of previous session's volumes.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
A Dead cross was found 7 days back on short term averages
Support for tomorrow is 6.11 and resistance for tomorrow is 6.17
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 6.1, 6.06 resistance for tomorrow's hourly charts is 6.16, 6.18
10 Day SMA for Ericsson (ERIC) is 5.97 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Ericsson (ERIC) is 6.07 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Ericsson (ERIC) is 5.68 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 5.54 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Ericsson is 5.41 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Ericsson is at 6.07 and 200 DMA is at 5.41, while 50 DMA and 100 DMA are at 5.68 and 5.54 respectively
Ericsson (ERIC) moving average of 20 SMA is at 6.07 and 20 EMA is at 5.99
| Date | Closing Price | 20 SMA | 20 EMA |
| 27 Thu Jun | 6.13 | 6.07 | 5.99 |
| 26 Wed Jun | 6.02 | 6.06 | 5.97 |
| 25 Tue Jun | 6.07 | 6.06 | 5.96 |
| 24 Mon Jun | 6.11 | 6.05 | 5.95 |
| 21 Fri Jun | 5.96 | 6.04 | 5.93 |
| 20 Thu Jun | 5.94 | 6.04 | 5.93 |
Ericsson (ERIC) moving average of 50 SMA is at 5.68 and 50 EMA is at 5.8
| Date | Closing Price | 50 SMA | 50 EMA |
| 27 Thu Jun | 6.13 | 5.68 | 5.8 |
| 26 Wed Jun | 6.02 | 5.66 | 5.79 |
| 25 Tue Jun | 6.07 | 5.63 | 5.78 |
| 24 Mon Jun | 6.11 | 5.61 | 5.77 |
| 21 Fri Jun | 5.96 | 5.59 | 5.76 |
| 20 Thu Jun | 5.94 | 5.57 | 5.75 |
Ericsson (ERIC) moving average of 100 SMA is at 5.54 and 100 EMA is at 5.69
| Date | Closing Price | 100 SMA | 100 EMA |
| 27 Thu Jun | 6.13 | 5.54 | 5.69 |
| 26 Wed Jun | 6.02 | 5.53 | 5.68 |
| 25 Tue Jun | 6.07 | 5.52 | 5.67 |
| 24 Mon Jun | 6.11 | 5.51 | 5.66 |
| 21 Fri Jun | 5.96 | 5.51 | 5.65 |
| 20 Thu Jun | 5.94 | 5.5 | 5.64 |
Ericsson (ERIC) moving average of 200 SMA is at 5.41 and 200 EMA is at 5.54
| Date | Closing Price | 200 SMA | 200 EMA |
| 27 Thu Jun | 6.13 | 5.41 | 5.54 |
| 26 Wed Jun | 6.02 | 5.41 | 5.53 |
| 25 Tue Jun | 6.07 | 5.4 | 5.52 |
| 24 Mon Jun | 6.11 | 5.4 | 5.51 |
| 21 Fri Jun | 5.96 | 5.39 | 5.5 |
| 20 Thu Jun | 5.94 | 5.39 | 5.5 |
Ericsson has performed better than Square Inc in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Pagseguro Digital in short term. Holding Ericsson could be a better choice for now!
Juniper Networks has performed better than Ericsson in short term. You could have earned much better returns by investing in Juniper Networks, about 1.11% more returns!
Infosys has performed better than Ericsson in short term. You could have earned much better returns by investing in Infosys, about 11.38% more returns!
Ericsson has performed better than Cts Corporation in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Twin Disc in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Ttec Holdings in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Silicom in short term. Holding Ericsson could be a better choice for now!
Rapid7 Inc has performed better than Ericsson in short term. You could have earned much better returns by investing in Rapid7 Inc, about 18.31% more returns!
Ericsson has performed better than Lincoln Electric in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Aurora Mobile in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Harmonic Inc in short term. Holding Ericsson could be a better choice for now!
Ericsson has performed better than Gilat Satellite in short term. Holding Ericsson could be a better choice for now!
Extreme Networks has performed better than Ericsson in short term. You could have earned much better returns by investing in Extreme Networks, about 19.98% more returns!
Ericsson has performed better than Eltek in short term. Holding Ericsson could be a better choice for now!
Cyberark Software has performed better than Ericsson in short term. You could have earned much better returns by investing in Cyberark Software, about 18.11% more returns!
Ericsson has performed better than Cross Country in short term. Holding Ericsson could be a better choice for now!
Bilibili Inc has performed better than Ericsson in short term. You could have earned much better returns by investing in Bilibili Inc, about 10.22% more returns!
Ericsson has performed better than Ambarella Inc in short term. Holding Ericsson could be a better choice for now!
Ericsson Technical analysis of indicators
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.
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.
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 green color and prices are above the green 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 5.98 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for USA stock ERIC Ericsson These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And ERIC Experts View which covers a lot of information including buying and selling signals
ERIC future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Ericsson or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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