Technical Analysis for ERIC - Ericsson

Grade Last Price % Change Price Change
grade A 8.56 0.47% 0.04
ERIC closed up 0.47 percent on Friday, November 16, 2018, on 58 percent of 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 Up Down Down
See historical ERIC trend table...

Date Alert Name Type % Chg
Nov 16 MACD Bearish Centerline Cross Bearish 0.00%
Nov 16 Narrow Range Bar Range Contraction 0.00%
Nov 16 Stochastic Reached Oversold Weakness 0.00%
Nov 16 Strong but Oversold Other 0.00%
Nov 16 Oversold Stochastic Weakness 0.00%
Nov 14 Fell Below 20 DMA Bearish 0.94%
Nov 14 Fell Below 50 DMA Bearish 0.94%
Nov 14 MACD Bearish Signal Line Cross Bearish 0.94%
Nov 14 180 Bearish Setup Bearish Swing Setup 0.94%
Nov 14 Gapped Down Weakness 0.94%

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.
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: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 9.45
52 Week Low 6.0
Average Volume 7,064,047
200-Day Moving Average 7.7138
50-Day Moving Average 8.755
20-Day Moving Average 8.822
10-Day Moving Average 8.841
Average True Range 0.2091
ADX 16.93
+DI 20.656
-DI 33.5941
Chandelier Exit (Long, 3 ATRs ) 8.8227
Chandelier Exit (Short, 3 ATRs ) 8.9873
Upper Bollinger Band 9.3056
Lower Bollinger Band 8.3384
Percent B (%b) 0.23
BandWidth 10.9635
MACD Line -0.0166
MACD Signal Line 0.0354
MACD Histogram -0.052
Fundamentals Value
Market Cap 28.04 Billion
Num Shares 3.28 Billion
EPS -0.53
Price-to-Earnings (P/E) Ratio -16.15
Price-to-Sales 0.75
Price-to-Book 1.29
PEG Ratio 23.54
Dividend 0.11
Dividend Yield 1.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.71
Resistance 3 (R3) 8.70 8.64 8.69
Resistance 2 (R2) 8.64 8.60 8.65 8.68
Resistance 1 (R1) 8.60 8.58 8.62 8.61 8.67
Pivot Point 8.54 8.54 8.55 8.55 8.54
Support 1 (S1) 8.50 8.50 8.52 8.51 8.45
Support 2 (S2) 8.44 8.48 8.45 8.44
Support 3 (S3) 8.40 8.44 8.44
Support 4 (S4) 8.41