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Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

ERICSSON (LM) TEL B (NASDAQ:ERIXF)

Strong Downtrend (-100) - ERIXF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ERIXF continues to fall. Traders should use caution and set stops.

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
5.340 5.340 5.340 5.340 -0.225
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 down The intermediate-term trend has been DOWN since Jan 31st, 2023 at 6.0780

short term down The short-term trend has been DOWN since Jan 31st, 2023 at 6.0780

Smart Scan Analysis for ERIXF

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

-100
Smart Scan Analysis for ERIXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.340 5.340 5.340 5.340 -0.225
Prev. Close Volume Bid Ask Time
5.565 1363 2023-03-20 09:30:00
Year High9.44Year High Date2018-10-22
Year Low6.138Year Low Date2018-04-05
52wk High9.752wk High Date2022-04-08
52wk Low5.42652wk Low Date2022-11-04
Year End Close9.94Average Volume278,020
Shares Outstanding3,011,596% Institutional31.5
Assets361,166,000MLiabilities222,559,000M
Beta0.52Volatility39.51
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