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Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

ERICSSON (LM) TEL B (NASDAQ:ERIXF)

Crossroads (-60) - ERIXF 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 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
5.60 5.60 5.58 5.58 -0.09
Entry Signal

MarketClub’s Trade Triangles for ERIXF

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 5.16

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 4.95

short term up The short-term trend has been UP since May 14th, 2024 at 5.10

Smart Scan Analysis for ERIXF

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

-60
Smart Scan Analysis for ERIXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.60 5.60 5.58 5.58 -0.09
Prev. Close Volume Bid Ask Time
5.58 776 2024-05-17 12:09:00
Year High9.44Year High Date2018-10-22
Year Low6.138Year Low Date2018-04-05
52wk High6.37152wk High Date2023-12-28
52wk Low4.3352wk Low Date2023-10-27
Year End Close9.94Average Volume115,903
Shares Outstanding3,011,596% Institutional31.5
Assets299,523,000MLiabilities190,386,000M
Beta0.52Volatility39.51
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