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Is ERIC primed for upward momentum? Crossed Above 20 Day Moving Average shows up after gaining 4.89%

Ericsson (ERIC) — SwingTradeBot Technical Analysis Report · Jul 9, 2026, 20:05 ET
ERIC closed up 4.89% on Thursday, July 9th, with volume running 1.9× above average. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross and Pocket Pivot suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 11.3, 11.03 & 10.85, with resistance at 11.76, 11.94 & 12.21.

Current SwingTradeBot Technical Rating of ERIC: C

Today’s move could mean more—check all the signals for ERIC on SwingTradeBot.

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Ericsson (ERIC)