ERIC NEWS why is Ericsson price falling or rising

ERIC NEWS reasons for why stock price of Ericsson is falling or rising

ERIC Ericsson is falling or rising technical reasons

Technical analysis forecast of Ericsson Stock is that its 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. Stock is rising and might rise more.

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 keep rising and move higher!

My analysis of Ericsson is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.4 as stoploss in an intra day sell trade for a target of 7.98. However, stock will show a bullish move above 8.4.

ERIC Ericsson is falling or rising NEWS fundamental reasons

Nokia sales up 75% in January-March, Ericsson faces tough time Nokia's India sales skyrocketed by 75% in Q1 2025, fueled by strong network infrastructure and cloud services, boosted by new 4G/5G deals with Vodafone Idea and Bharti Airtel. This contrasts sharply with Ericsson, which has faced declining sales for five s - NEWS as on 2025-04-25 indiatimes.com

Ericsson expands manufacturing in India to make antennas Ericsson plans to produce all telecom antennas for India locally. Demand from Bharti Airtel and Jio surged in 2023 due to 5G expansion. This offset order slowdowns from the United States. Ericsson will localize all passive antenna production by June. The c - NEWS as on 2025-04-22 indiatimes.com

Ericsson sales decline in India for 5 straight quarters Ericsson's India performance is suffering due to Bharti Airtel and Reliance Jio's reduced 5G network spending, resulting in consecutive quarterly sales declines. Both Jio and Airtel are prioritising revenue generation through rate hikes and 5G monetisation - NEWS as on 2025-04-21 indiatimes.com

Alembic Pharma gets USFDA nod for generic drug Alembic Pharmaceuticals has received the United States Food and Drug Administration approval. The approval allows them to market Carbamazepine tablets in the US. This medication is a generic version of Tegretol Tablets. Carbamazepine tablets are anticonvul - NEWS as on 2025-04-17 indiatimes.com

More announcements and NEWS

ERIC Ericsson current price & indicator signals

Moving Averages for Ericsson

  • 5Day Average: 8.25
  • 12Day Average: 8.09
  • 20Day Average: 7.84
  • 50Day Average: 7.95
  • 100Day Average: 7.99
  • 150Day Average: 8.02
  • 200Day Average: 7.78

ERIC Indicators & signals

Indicator MACD (12,26,9)

8.08, 7.94, 0.08
Indicator MACD is in positive zone

Indicator ADX (14)

0, 25.93, 25.93
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ERIC Ericsson are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Mon Apr 2025 8.24 8.21 to 8.30 0.61% 1.4 times
25 Fri Apr 2025 8.19 8.16 to 8.26 -0.49% 1.13 times
24 Thu Apr 2025 8.23 8.16 to 8.31 -2.37% 1.66 times
22 Tue Apr 2025 8.43 8.31 to 8.45 3.44% 1.44 times
21 Mon Apr 2025 8.15 8.06 to 8.29 -0.24% 1.06 times
17 Thu Apr 2025 8.17 8.01 to 8.25 2.9% 1.22 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 1.75 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 0 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 0 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 0 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 1.75 times
16 Wed Apr 2025 7.94 7.88 to 8.10 0% 0 times

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ERIC NEWS why is Ericsson price falling or rising

 

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