Technical Analysis for ERIC - Ericsson

Grade Last Price % Change Price Change
B 13.99 1.38% 0.19
ERIC closed down 1.29 percent on Monday, April 12, 2021, on 45 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical ERIC trend table...

Date Alert Name Type % Chg
Cup with Handle Other 1.38%
Overbought Stochastic Strength 1.38%
New 52 Week Closing High Bullish 0.07%
Cup with Handle Other 0.07%
Stochastic Reached Overbought Strength 0.07%
Inside Day Range Contraction 0.07%
Above Upper BB Strength 0.07%
Overbought Stochastic Strength 0.07%
Up 3 Days in a Row Strength 0.07%
Up 4 Days in a Row Strength 0.07%
Older End-of-Day Signals for ERIC ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
Rose Above Previous Day's High about 5 hours ago
Up 1% about 5 hours ago
Down 1% 1 day ago
60 Minute Opening Range Breakdown 1 day ago
View Earlier Intraday Alerts

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Profile

Ericsson Description

Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates in four segments: Networks, Global Services, Support Solutions, and ST-Ericsson. The Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transport networks, and core networks. This segment's products include radio access solutions; IP and transport solutions; transmission/backhaul solutions, which include microwave (MINI-LINK) and optical transmission solutions; switching and IP multimedia subsystem solutions; and operations support systems, as well as supports operators' management of existing networks. The Global Services segment delivers managed services, including solutions for designing, building, operating, and managing networks or solutions; maintenance and network sharing solutions; shared solutions; and broadcast and managed services. This segment also offers product-related services comprising services to expand, upgrade, restructure, or migrate networks; network-rollout services; and customer support and network optimization services, as well as provides consulting and systems integration services that include technology and operational consulting, integration of multi-vendor equipment, design and integration, and transforming programs; and industry specific solutions. The Support Solutions segment offers operations and business support systems, which enable networks and services management, and customer interaction and revenue management; television (TV) and media management services that enable operators, broadcasters, and content owners to create multiscreen TV; and M-commerce software solutions and hosted services. The ST-Ericsson segment offers modems and ModAps for handset and tablet manufacturers. The company has a strategic cooperation with Mobile Telesystems OJSC to develop ICT infrastructure for an LTE network. Ericsson was founded in 1876 and is headquartered in Stockholm, Sweden.


Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Telecommunications Software Solutions Microwave Communications Equipment Modem Telecommunications Equipment Internet Protocol Network Operators Backhaul Machine To Machine Revenue Management Managed Services Ericsson Optimization Services Business Support System Industry Specific Solutions Media Management Operations Support System Business Support Systems Ip Multimedia Subsystem Systems Integration Services Transport Solutions

Is ERIC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.315
52 Week Low 7.95
Average Volume 6,651,338
200-Day Moving Average 11.83
50-Day Moving Average 13.13
20-Day Moving Average 13.49
10-Day Moving Average 13.52
Average True Range 0.27
ADX 24.09
+DI 36.86
-DI 21.52
Chandelier Exit (Long, 3 ATRs ) 13.24
Chandelier Exit (Short, 3 ATRs ) 13.83
Upper Bollinger Band 14.00
Lower Bollinger Band 12.98
Percent B (%b) 0.81
BandWidth 7.51
MACD Line 0.22
MACD Signal Line 0.18
MACD Histogram 0.0407
Fundamentals Value
Market Cap 45.93 Billion
Num Shares 3.33 Billion
EPS -0.72
Price-to-Earnings (P/E) Ratio -19.11
Price-to-Sales 1.51
Price-to-Book 4.18
PEG Ratio 0.36
Dividend 0.16
Dividend Yield 1.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.01
Resistance 3 (R3) 14.03 13.97 13.98
Resistance 2 (R2) 13.97 13.92 13.97 13.96
Resistance 1 (R1) 13.89 13.89 13.86 13.87 13.95
Pivot Point 13.83 13.83 13.82 13.83 13.83
Support 1 (S1) 13.75 13.78 13.72 13.73 13.65
Support 2 (S2) 13.69 13.75 13.69 13.64
Support 3 (S3) 13.61 13.69 13.63
Support 4 (S4) 13.59