Stock Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Ericsson ADS (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
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 Dec 4th, 2019 at 9.24
The intermediate-term trend has been UP since Feb 11th, 2020 at 9.09
The short-term trend has been UP since Feb 4th, 2020 at 8.00
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).
|Year High||9.45||Year High Date||2018-10-19|
|Year Low||6||Year Low Date||2018-04-04|
|52wk High||10.46||52wk High Date||2019-04-17|
|52wk Low||7.58||52wk Low Date||2019-08-28|
|Year End Close||10.1||Average Volume||5,030,757|
|Shares Outstanding||1,613,000||Short Interest||8,713,451|
|% Institutional||4.3||Market Cap||2,565M|