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Telefonaktiebolaget LM Ericsson (publ)

ERIC Technical Analysis Summary (NASDAQ)

Analyze ERIC on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ERICNASDAQ
TechnologyCommunication Equipment
$10.22
$0.11(1.09%)
U.S. Market opens in 64h 17m

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The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ERIC Technical Analysis Summary (NASDAQ)

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.60)
Trend Strength:Weak (ADX: 11.68)
Volatility:Medium (ATR: 0.23)
Support/Resistance:$9.56 – $10.48 (Bollinger Bands)

Technical conditions suggest Telefonaktiebolaget LM Ericsson (publ) on the NASDAQ is awaiting a decisive move. Overall, Telefonaktiebolaget LM Ericsson (publ) remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.60

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 55.21

Neutral
Mid-range signal with no clear trend.

Williams %R: -61.25

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.11

Bullish
Steady upward momentum.

Takeaway:Telefonaktiebolaget LM Ericsson (publ) shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.68

Weak
Weak trend, market trading sideways.

ATR (14): 0.23

Low
Low volatility, stable price action.

CCI (14): -25.68

Bearish
Bearish, momentum remains under pressure.

Takeaway:Telefonaktiebolaget LM Ericsson (publ) shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10.48
Middle Band (SMA 20)
$10.02
Lower Band
$9.56
Current Position
Within Bands

Takeaway:Telefonaktiebolaget LM Ericsson (publ) trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$10.60
Middle Line (EMA 20)
$10.15
Lower Channel
$9.69
Squeeze Status
No Squeeze

Takeaway:Telefonaktiebolaget LM Ericsson (publ) trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-67.29M
Money Flow Index50.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.54Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ERIC shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Telefonaktiebolaget LM Ericsson (publ) (NASDAQ: ERIC), here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Telefonaktiebolaget LM Ericsson (publ) are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: ERIC) Technical Analysis FAQ