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Stock Trend Analysis Report
Prepared for you on Wednesday, March 12, 2025.
Ericsson - American Depositary Shares each representing 1 underlying Class B share (NASDAQ:ERIC)
Sidelines Mode (-55) - ERIC 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 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.
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MarketClub’s Trade Triangles for ERIC
The long-term trend has been DOWN since Feb 3rd, 2025 at 7.460
The intermediate-term trend has been UP since Feb 20th, 2025 at 7.972
The short-term trend has been DOWN since Mar 10th, 2025 at 8.420
Smart Scan Analysis for ERIC
Based on our trend formula, ERIC is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.40 | 8.45 | 8.16 | 8.22 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.24 | 30158510 | 2025-03-11 15:59:32 |
| Year High | 9.45 | Year High Date | 2018-10-19 |
| Year Low | 6 | Year Low Date | 2018-04-04 |
| 52wk High | 8.9 | 52wk High Date | 2025-01-23 |
| 52wk Low | 4.77 | 52wk Low Date | 2024-04-15 |
| Year End Close | 10.1 | Average Volume | 18,269,944 |
| Shares Outstanding | 1,613,000 | Short Interest | 8,713,451 |
| % Institutional | 4.3 | Market Cap | 2,565M |
| Assets | 292,374,000M | Liabilities | 198,090,000M |
| P/E Ratio | 16.7267 | Beta | 1.35 |
| Volatility | 34.5 |