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Stock Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Ericsson ADS (NASDAQ:ERIC)

Crossroads (+60) - ERIC is struggling to move into a solid trend. Beware of choppy markets 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
7.810 7.960 7.765 7.800 -0.290
Entry Signal

MarketClub’s Trade Triangles for ERIC

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 7.82

intermediate term up The intermediate-term trend has been UP since Mar 30th, 2020 at 7.60

short term up The short-term trend has been UP since Mar 18th, 2020 at 7.04

Smart Scan Analysis for ERIC

Based on our trend formula, ERIC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for ERIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.810 7.960 7.765 7.800 -0.290
Prev. Close Volume Bid Ask Time
7.930 5725808 2020-04-01 14:28:31
Year High9.45Year High Date2018-10-19
Year Low6Year Low Date2018-04-04
52wk High10.4652wk High Date2019-04-17
52wk Low6.1552wk Low Date2020-03-16
Year End Close10.1Average Volume9,726,275
Shares Outstanding1,613,000Short Interest8,713,451
% Institutional4.3Market Cap2,565M
Assets276,383,000MLiabilities193,824,000M
P/E Ratio110.1Beta1.35
Volatility34.5
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