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ERIC forms 20 Day Moving Average Support on August 5

Ericsson (ERIC) — Nightly Technical Analysis · Aug 5, 2026, 17:47 ET
ERIC posted a 1.95% loss on Wednesday, August 5th, accompanied by 0.9× normal trading volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Bearish Engulfing and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 9.98, 9.9 & 9.73, with resistance at 10.23, 10.4 & 10.48. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of ERIC: D

This might just be the start. See what else showed up for ERIC today.

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Ericsson (ERIC)