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Stock Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

Ericsson - American Depositary Shares each representing 1 underlying Class B share (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
13.160 13.280 13.105 13.260 +0.240
Entry Signal

MarketClub’s Trade Triangles for ERIC

long term up The long-term trend has been UP since Jun 1st, 2020 at 9.150

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2021 at 13.520

short term down The short-term trend has been DOWN since May 11th, 2021 at 13.595

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
13.160 13.280 13.105 13.260 +0.240
Prev. Close Volume Bid Ask Time
13.260 5525678 2021-05-14 15:59:51
Year High9.45Year High Date2018-10-19
Year Low6Year Low Date2018-04-04
52wk High15.31552wk High Date2021-01-27
52wk Low7.94552wk Low Date2020-05-14
Year End Close10.1Average Volume6,747,840
Shares Outstanding1,613,000Short Interest8,713,451
% Institutional4.3Market Cap2,565M
Assets271,530,000MLiabilities184,856,000M
P/E Ratio20.2174Beta1.35
Volatility34.5
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