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Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
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.
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MarketClub’s Trade Triangles for ERIXF
The long-term trend has been DOWN since Jul 16th, 2021 at 12.3500
The intermediate-term trend has been UP since Oct 19th, 2021 at 11.7443
The short-term trend has been UP since Sep 27th, 2021 at 11.4600
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.80 | 11.80 | 11.80 | 11.80 | +0.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.80 | 2000 | 2021-10-20 09:30:00 |
| Year High | 9.44 | Year High Date | 2018-10-22 |
| Year Low | 6.138 | Year Low Date | 2018-04-05 |
| 52wk High | 14.396 | 52wk High Date | 2021-04-21 |
| 52wk Low | 10.969 | 52wk Low Date | 2021-09-21 |
| Year End Close | 9.94 | Average Volume | 141,878 |
| Shares Outstanding | 3,011,596 | % Institutional | 31.5 |
| Assets | 271,530,000M | Liabilities | 184,856,000M |
| Beta | 0.52 | Volatility | 39.51 |