ERICSSON (LM) TEL-SP ADR (ERIC)
US2948216088 - ADR
Overall ERIC gets a technical rating of 2 out of 10. ERIC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
73% of all other stocks performed better in the past year than ERIC.
ERIC has an average volume of 17796200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ERIC is part of the Communications Equipment industry. There are 54 other stocks in this industry, ERIC did better than 56% of them.
ERIC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERIC is lagging the market slightly.
In the last month ERIC has a been trading in the 4.77 - 5.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERIC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.34. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for ERIC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.73
6.04
We found 1 important support area.
- A support zone ranging from 4.78 to 4.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 5.34 to 5.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.75 to 5.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.98 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.32
Mansfield-0.91
10 Day High5.38
10 Day Low4.77
20 Day High5.6
20 Day Low4.77
52 Week High6.36
52 Week Low4.33
Performance
1 Week3.56%
2 Weeks4.17%
1 Month-4.9%
3 Month-9.34%
6 Month20.18%
12 Month-4.55%
2 Year-34.17%
3 Year-62%
5 Year-47.07%
10 Year-56.26%
15 Year-38.57%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)50.3
LBB4.76
UBB5.42
ERICSSON (LM) TEL-SP ADR
NASDAQ:ERIC (4/25/2024, 7:00:01 PM)
Premarket: 5.23 -0.01 (-0.19%)5.24
-0.04 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.76%
1 Week3.56%
2 Weeks4.17%
1 Month-4.9%
3 Month-9.34%
6 Month20.18%
12 Month-4.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.16
ATR(20)%3.16%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High5.38
10 Day Low4.77
20 Day High5.6
20 Day Low4.77
52 Week High6.36
52 Week Low4.33
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.02M
Volume Incr0.37%
Vol(5)19.41M
Vol(50)17.80M