Technical Analysis for ERIC - Ericsson

Grade Last Price % Change Price Change
grade F 8.07 -0.49% -0.04
ERIC closed down 0.49 percent on Friday, August 23, 2019, on 89 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical ERIC trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -0.49%
Doji - Bullish? Reversal -0.49%
Down 3 Days in a Row Weakness -0.49%

Older signals for ERIC ...

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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 Machine To Machine Backhaul Managed Services Revenue Management Systems Integration Services Ericsson 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
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.46
52 Week Low 8.042
Average Volume 5,993,779
200-Day Moving Average 9.1349
50-Day Moving Average 9.0422
20-Day Moving Average 8.509
10-Day Moving Average 8.336
Average True Range 0.1873
ADX 29.04
+DI 19.5019
-DI 39.0876
Chandelier Exit (Long, 3 ATRs ) 8.4581
Chandelier Exit (Short, 3 ATRs ) 8.6219
Upper Bollinger Band 9.0084
Lower Bollinger Band 8.0096
Percent B (%b) 0.06
BandWidth 11.73816
MACD Line -0.2406
MACD Signal Line -0.2256
MACD Histogram -0.015
Fundamentals Value
Market Cap 26.44 Billion
Num Shares 3.28 Billion
EPS -0.53
Price-to-Earnings (P/E) Ratio -15.23
Price-to-Sales 0.75
Price-to-Book 1.29
PEG Ratio 23.54
Dividend 0.11
Dividend Yield 1.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.34
Resistance 3 (R3) 8.37 8.30 8.30
Resistance 2 (R2) 8.30 8.23 8.29 8.28
Resistance 1 (R1) 8.19 8.19 8.16 8.16 8.26
Pivot Point 8.12 8.12 8.11 8.11 8.12
Support 1 (S1) 8.01 8.05 7.98 7.98 7.88
Support 2 (S2) 7.94 8.01 7.93 7.86
Support 3 (S3) 7.83 7.94 7.85
Support 4 (S4) 7.80