Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, January 23, 2025.
Ericsson - American Depositary Shares each representing 1 underlying Class B share (NASDAQ:ERIC)
Strong Uptrend (+100) - ERIC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ERIC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ERIC?
MarketClub looks at technical strength and momentum to determine if the timing is right for ERIC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ERIC
The long-term trend has been UP since May 20th, 2024 at 5.786
The intermediate-term trend has been UP since Jan 15th, 2025 at 8.330
The short-term trend has been UP since Jan 15th, 2025 at 8.310
Smart Scan Analysis for ERIC
Based on our trend formula, ERIC is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.880 | 8.900 | 8.790 | 8.895 | +0.145 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.750 | 14164346 | 2025-01-23 15:59:45 |
| Year High | 9.45 | Year High Date | 2018-10-19 |
| Year Low | 6 | Year Low Date | 2018-04-04 |
| 52wk High | 8.85 | 52wk High Date | 2025-01-22 |
| 52wk Low | 4.77 | 52wk Low Date | 2024-04-15 |
| Year End Close | 10.1 | Average Volume | 14,520,210 |
| Shares Outstanding | 1,613,000 | Short Interest | 8,713,451 |
| % Institutional | 4.3 | Market Cap | 2,565M |
| Assets | 272,450,000M | Liabilities | 185,820,000M |
| P/E Ratio | 16.7267 | Beta | 1.35 |
| Volatility | 34.5 |