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Is ERIC coiling for a breakout? Narrow Range Bar shows up after gaining 2.75%

Ericsson (ERIC) — SwingTradeBot Technical Analysis Report · Aug 3, 2026, 20:16 ET
ERIC closed up 2.75% on Monday, August 3rd, with volume running 0.9× below average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 9.99, 9.91 & 9.86, with resistance at 10.13, 10.18 & 10.26.

Current SwingTradeBot Technical Rating of ERIC: C

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Ericsson (ERIC)