Technical Analysis for 0O87 - Telefonaktiebolaget LM Ericsson Class B

Grade Last Price % Change Price Change
C 54.04 -1.26% -0.69
0O87 closed down 1.26 percent on Wednesday, September 27, 2023, on 0 percent of normal volume. It ran into resistance at its 50 day moving average.
Earnings due: Oct 17
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Doji - Bullish? Reversal 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 50 DMA Bearish -1.26%
Expansion Pivot Sell Setup Bearish Swing Setup -1.26%

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Telefonaktiebolaget LM Ericsson Class B Description

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Cloud Software and Services, Enterprise, and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides active antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Cloud Software and Services segment offers core networks, business and operational support systems, network design and optimization, and network managed services. The Enterprise segment offers global communications platform including cloud-based unified communications as a service, contact center as a service, and communications platform as a service; enterprise wireless solutions comprise private wireless networks and wireless wan pre-packaged solutions; and technologies and new business solutions, such as mobile financial services, security solutions, and advertising services. The Other segment includes Redbee media that prepares and distributes live and video services for broadcasters, sports leagues, and communications service providers. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.


Is 0O87 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength


Indicator Value
52 Week High 73.4
52 Week Low 50.435
Average Volume 348,941
200-Day Moving Average 58.02
50-Day Moving Average 54.82
20-Day Moving Average 56.72
10-Day Moving Average 56.27
Average True Range 1.80
RSI (14) 37.89
ADX 44.92
+DI 10.87
-DI 10.47
Chandelier Exit (Long, 3 ATRs) 53.07
Chandelier Exit (Short, 3 ATRs) 58.95
Upper Bollinger Bands 58.75
Lower Bollinger Band 54.68
Percent B (%b) -0.16
BandWidth 7.18
MACD Line 0.07
MACD Signal Line 0.45
MACD Histogram -0.3841
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 57.55
Resistance 3 (R3) 57.94 57.16 56.97
Resistance 2 (R2) 57.16 56.27 56.97 56.77
Resistance 1 (R1) 55.60 55.71 55.21 55.21 56.58
Pivot Point 54.82 54.82 54.62 54.62 54.82
Support 1 (S1) 53.25 53.92 52.86 52.86 51.49
Support 2 (S2) 52.47 53.37 52.28 51.30
Support 3 (S3) 50.91 52.47 51.10
Support 4 (S4) 50.52