Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
ERICSSON (LM) TEL B (NASDAQ:ERIXF)
Bull Market Weakness (+75) - ERIXF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ERIXF as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for ERIXF
The long-term trend has been UP since May 28th, 2024 at 5.695
The intermediate-term trend has been UP since Jul 8th, 2024 at 6.180
The short-term trend has been UP since Jun 24th, 2024 at 6.160
Smart Scan Analysis for ERIXF
Based on our trend formula, ERIXF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.639 | 6.639 | 6.639 | 6.639 | -0.011 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.300 | 19075 | 2024-07-18 10:16:00 |
| Year High | 9.44 | Year High Date | 2018-10-22 |
| Year Low | 6.138 | Year Low Date | 2018-04-05 |
| 52wk High | 6.67 | 52wk High Date | 2024-07-12 |
| 52wk Low | 4.33 | 52wk Low Date | 2023-10-27 |
| Year End Close | 9.94 | Average Volume | 270,749 |
| Shares Outstanding | 3,011,596 | % Institutional | 31.5 |
| Assets | 278,486,000M | Liabilities | 194,646,000M |
| Beta | 0.52 | Volatility | 39.51 |