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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.
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MarketClub’s Trade Triangles for ERIXF
The long-term trend has been DOWN since Feb 24th, 2022 at 10.0121
The intermediate-term trend has been DOWN since Jan 31st, 2023 at 6.0780
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).
| 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 High | 9.44 | Year High Date | 2018-10-22 |
| Year Low | 6.138 | Year Low Date | 2018-04-05 |
| 52wk High | 9.7 | 52wk High Date | 2022-04-08 |
| 52wk Low | 5.426 | 52wk Low Date | 2022-11-04 |
| Year End Close | 9.94 | Average Volume | 278,020 |
| Shares Outstanding | 3,011,596 | % Institutional | 31.5 |
| Assets | 361,166,000M | Liabilities | 222,559,000M |
| Beta | 0.52 | Volatility | 39.51 |