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Stock Trend Analysis Report
Prepared for you on Wednesday, December 11, 2024.
ERICSSON (LM) TEL B (NASDAQ:ERIXF)
Sidelines Mode (+55) - ERIXF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since May 28th, 2024 at 5.695
The intermediate-term trend has been UP since Dec 2nd, 2024 at 8.170
The short-term trend has been DOWN since Nov 21st, 2024 at 8.000
Smart Scan Analysis for ERIXF
Based on our trend formula, ERIXF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.18 | 8.18 | 8.18 | 8.18 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.20 | 108587 | 2024-12-03 14:22:00 |
| Year High | 9.44 | Year High Date | 2018-10-22 |
| Year Low | 6.138 | Year Low Date | 2018-04-05 |
| 52wk High | 8.5 | 52wk High Date | 2024-10-24 |
| 52wk Low | 4.95 | 52wk Low Date | 2024-04-16 |
| Year End Close | 9.94 | Average Volume | 23,439 |
| Shares Outstanding | 3,011,596 | % Institutional | 31.5 |
| Assets | 272,450,000M | Liabilities | 185,820,000M |
| Beta | 0.52 | Volatility | 39.51 |