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Stock Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

Ericsson - American Depositary Shares each representing 1 underlying Class B share (NASDAQ:ERIC)

Sidelines Mode (-55) - ERIC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ERIC?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERIC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ERIC
Open High Low ERIC Price Change
12.660 12.670 12.460 12.525 -0.135
Entry Signal

MarketClub’s Trade Triangles for ERIC

long term up The long-term trend has been UP since Jun 1st, 2020 at 9.15

intermediate term down The intermediate-term trend has been DOWN since Jan 28th, 2021 at 11.65

short term up The short-term trend has been UP since Feb 25th, 2021 at 12.82

Smart Scan Analysis for ERIC

Based on our trend formula, ERIC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ERIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.660 12.670 12.460 12.525 -0.135
Prev. Close Volume Bid Ask Time
12.530 4595991 2021-02-26 15:59:46
Year High9.45Year High Date2018-10-19
Year Low6Year Low Date2018-04-04
52wk High15.31552wk High Date2021-01-27
52wk Low6.1552wk Low Date2020-03-16
Year End Close10.1Average Volume8,542,229
Shares Outstanding1,613,000Short Interest8,713,451
% Institutional4.3Market Cap2,565M
Assets277,187,000MLiabilities194,357,000M
P/E Ratio26.3202Beta1.35
Volatility34.5
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