Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Ericsson ADS (NASDAQ:ERIC)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_ERIC
Open High Low ERIC Price Change
8.3300 8.4038 8.2850 8.2950 +0.1050
Entry Signal

MarketClub’s Trade Triangles for ERIC

long term down The long term trend has been DOWN since Jul 17th, 2019 at 9.00

intermediate term up The intermediate term trend has been UP since Sep 18th, 2019 at 8.17

short term up The short term trend has been UP since Sep 18th, 2019 at 8.12

Smart Scan Analysis for ERIC

Based on a pre-defined weighted trend formula for chart analysis, ERIC scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for ERIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.3300 8.4038 8.2850 8.2950 +0.1050
Prev. Close Volume Bid Ask Time
10.0300 5665984 2019-09-20 15:59:30
Year High9.45Year High Date2018-10-19
Year Low6Year Low Date2018-04-04
52wk High10.4652wk High Date2019-04-17
52wk Low7.1652wk Low Date2018-05-29
Year End Close10.1Average Volume7,455,031
Shares Outstanding1,613,000Short Interest8,713,451
% Institutional4.3Market Cap3,135M
Assets268,761,000MLiabilities181,783,000M
Beta1.35Volatility34.5
Want to analyze Ericsson ADS ERIC or another symbol? Try our Free Stock Trend Analysis Report.