Technical Analysis for ERIC - Ericsson

Grade Last Price % Change Price Change
A 8.47 1.07% 0.09
ERIC closed up 1.07 percent on Friday, November 1, 2024, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Flat

Date Alert Name Type % Chg
Three Weeks Tight Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
MACD Bearish Signal Line Cross Bearish 1.07%
Hammer Candlestick Bullish 1.07%
1,2,3 Pullback Bullish Bullish Swing Setup 1.07%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.07%
Overbought Stochastic Strength 1.07%
Down 3 Days in a Row Weakness 1.07%
Gapped Down Weakness 1.07%

   Recent Intraday Alerts

Alert Time
Up 2% about 19 hours ago
Up 1 ATR about 19 hours ago
60 Minute Opening Range Breakout about 19 hours ago
10 DMA Resistance about 20 hours ago
Rose Above 10 DMA about 21 hours ago

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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 Microwave Communications Equipment Telecommunications Equipment Internet Protocol Modem Backhaul Network Operators Revenue Management Business Support System Ericsson Industry Specific Solutions Managed Services Operations Support System Optimization Services Systems Integration Services Business Support Systems Media Management 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 8.6199
52 Week Low 4.3539
Average Volume 15,411,650
200-Day Moving Average 6.19
50-Day Moving Average 7.67
20-Day Moving Average 8.18
10-Day Moving Average 8.48
Average True Range 0.16
RSI (14) 64.03
ADX 46.74
+DI 40.70
-DI 17.39
Chandelier Exit (Long, 3 ATRs) 8.15
Chandelier Exit (Short, 3 ATRs) 7.78
Upper Bollinger Bands 9.08
Lower Bollinger Band 7.28
Percent B (%b) 0.66
BandWidth 21.98
MACD Line 0.28
MACD Signal Line 0.29
MACD Histogram -0.0123
Fundamentals Value
Market Cap 28.21 Billion
Num Shares 3.33 Billion
EPS -0.76
Price-to-Earnings (P/E) Ratio -11.14
Price-to-Sales 0.07
Price-to-Book 1.94
PEG Ratio 3.53
Dividend 2.70
Dividend Yield 31.88%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.68
Resistance 3 (R3) 8.68 8.62 8.65
Resistance 2 (R2) 8.62 8.56 8.62 8.63
Resistance 1 (R1) 8.54 8.53 8.58 8.54 8.62
Pivot Point 8.48 8.48 8.50 8.48 8.48
Support 1 (S1) 8.40 8.42 8.44 8.40 8.32
Support 2 (S2) 8.34 8.39 8.34 8.31
Support 3 (S3) 8.26 8.34 8.30
Support 4 (S4) 8.26