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Stock Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Ericsson - American Depositary Shares each representing 1 underlying Class B share (NASDAQ:ERIC)

Strong Downtrend (-100) - ERIC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

NASDAQ_ERIC
Open High Low ERIC Price Change
10.200 10.255 10.090 10.150 -0.290
Entry Signal

MarketClub’s Trade Triangles for ERIC

long term down The long-term trend has been DOWN since Jul 16th, 2021 at 12.40

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2021 at 11.14

short term down The short-term trend has been DOWN since Nov 15th, 2021 at 10.95

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).

-100
Smart Scan Analysis for ERIC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.200 10.255 10.090 10.150 -0.290
Prev. Close Volume Bid Ask Time
10.120 4027463 2021-11-26 12:59:48
Year High9.45Year High Date2018-10-19
Year Low6Year Low Date2018-04-04
52wk High15.31552wk High Date2021-01-27
52wk Low10.12552wk Low Date2021-11-23
Year End Close10.1Average Volume6,264,154
Shares Outstanding1,613,000Short Interest8,713,451
% Institutional4.3Market Cap2,565M
Assets271,530,000MLiabilities184,856,000M
P/E Ratio16.2112Beta1.35
Volatility34.5
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