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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

ERICSSON (LM) TEL B (NASDAQ:ERIXF)

Sidelines Mode (+50) - ERIXF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until ERIXF can gain momentum.

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

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

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

NASDAQ_ERIXF
Open High Low ERIXF Price Change
4.9827 4.9827 4.9827 4.9827 +0.1027
Entry Signal

MarketClub’s Trade Triangles for ERIXF

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 10.0121

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 4.6850

short term up The short-term trend has been UP since Nov 14th, 2023 at 4.6850

Smart Scan Analysis for ERIXF

Based on our trend formula, ERIXF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for ERIXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.9827 4.9827 4.9827 4.9827 +0.1027
Prev. Close Volume Bid Ask Time
4.8800 260 2023-11-29 12:10:00
Year High9.44Year High Date2018-10-22
Year Low6.138Year Low Date2018-04-05
52wk High6.46652wk High Date2022-12-01
52wk Low4.3352wk Low Date2023-10-27
Year End Close9.94Average Volume169,742
Shares Outstanding3,011,596% Institutional31.5
Assets306,349,000MLiabilities199,558,000M
Beta0.52Volatility39.51
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