Technical Analysis for ERIC - Ericsson

Grade Last Price % Change Price Change
grade C 8.04 -1.35% -0.11
ERIC closed down 1.35 percent on Friday, February 28, 2020, on 1.48 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Gilligan's Island Buy Setup Bullish Swing Setup 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction -1.35%
Stochastic Reached Oversold Weakness -1.35%
Oversold Stochastic Weakness -1.35%
20 DMA Resistance Bearish -5.08%
50 DMA Resistance Bearish -5.08%
MACD Bearish Centerline Cross Bearish -5.08%
Pocket Pivot Bullish Swing Setup -5.08%

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Profile

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.
Telecommunications Software Solutions Microwave Telecommunications Equipment Internet Protocol Backhaul Machine To Machine Managed Services Revenue Management Ericsson Systems Integration Services Business Support Systems Industry Specific 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 10.46
52 Week Low 7.58
Average Volume 7,917,549
200-Day Moving Average 8.84
50-Day Moving Average 8.70
20-Day Moving Average 8.58
10-Day Moving Average 8.65
Average True Range 0.26
ADX 21.11
+DI 22.16
-DI 38.67
Chandelier Exit (Long, 3 ATRs ) 8.46
Chandelier Exit (Short, 3 ATRs ) 8.55
Upper Bollinger Band 9.43
Lower Bollinger Band 7.73
Percent B (%b) 0.18
BandWidth 19.83
MACD Line -0.09
MACD Signal Line -0.01
MACD Histogram -0.0777
Fundamentals Value
Market Cap 26.34 Billion
Num Shares 3.28 Billion
EPS -0.53
Price-to-Earnings (P/E) Ratio -15.17
Price-to-Sales 0.75
Price-to-Book 1.29
PEG Ratio 23.54
Dividend 0.11
Dividend Yield 1.37%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.46
Resistance 3 (R3) 8.42 8.23 8.39
Resistance 2 (R2) 8.23 8.13 8.26 8.37
Resistance 1 (R1) 8.14 8.06 8.19 8.18 8.34
Pivot Point 7.95 7.95 7.98 7.98 7.95
Support 1 (S1) 7.86 7.85 7.91 7.90 7.74
Support 2 (S2) 7.67 7.78 7.70 7.71
Support 3 (S3) 7.58 7.67 7.69
Support 4 (S4) 7.62