Telefonaktiebolaget LM Ericsson (publ) (ERIC) Stock Price & Analysis
Market: NASDAQ • Sector: Technology • Industry: Communication Equipment
Telefonaktiebolaget LM Ericsson (publ) (ERIC) Profile & Business Summary
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, Digital Services, Managed Services, and Emerging Business 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 integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. 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.
Key Information
| Ticker | ERIC |
|---|---|
| Exchange | NASDAQ |
| Official Site | https://www.ericsson.com |
Market Trend Overview for ERIC
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
SRE (WhaleQuant Structural Regime Engine) SRE evaluates how price structure evolves across daily and weekly timeframes to define the prevailing market regime. Beyond identifying trends, consolidations, and exhaustion phases, it distinguishes between raw structural strength and deployable participation quality. The model dynamically adjusts for structural context and extension risk, assessing whether conditions are supportive, stretched, fragile, or structurally impaired. Its purpose is not to forecast precise price levels, but to determine whether risk deployment is aligned with underlying market structure.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-07-20 (ET)
As of 2026-07-20, ERIC is showing signs of slowing down. Over the longer term, the trend remains bullish.
ERIC last closed at 9.59. The price is about 4.1 ATR below its recent average price (10.97), and the market is currently in a trend that may be losing strength. Price at 9.59 is near minor support around 8.98. Momentum may slow, while minor resistance sits near 10.20. View Support & Resistance from Options
Short-term weakness is unfolding within a broader uptrend, suggesting a pullback rather than a full trend reversal.
Trend score: 55 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still positive, but short-term signals are not yet confirming it.
Price is stretched well below its recent average (about 4.1 ATR). Downside extension is elevated, and chasing weakness here carries a higher rebound risk.
There is no clear key risk boundary right now.
On 2026-06-05, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-06-08] Price moved quickly and looked strong, but participation was limited.
Recent price action continues to trend lower in a relatively orderly manner, with no clear signs of structural stabilization yet emerging.
Closing activity showed limited conviction and did not suggest strong overnight positioning.
The model does not deploy the setup because the current position looks stretched and more vulnerable to pullback or digestion.
The model does not deploy this setup because extension risk is 87%, pullback risk is 62%, entry geometry is unfavorable at the current location, and recent price behavior has shown failed reversal memory. Predictability is 53%, agreement is 93%, and reversal risk is 34%.
NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history
This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 9.2% below the recent estimated cost basis of 10.56, so the recent structure is still leaning under pressure. Price is below the main cost band (9.81 to 10.14), and roughly 99% of recent positioning remains under water. That means rebounds can still run into supply from trapped holders. The broader structure still looks stretched on the weak side, so recovery attempts may need more proof before improving the tone. The nearby selling area sits around 9.60 to 9.63, and overhead supply looks fairly concentrated there. The main cost band is fairly wide relative to recent ATR, so this structure may behave less cleanly than a tighter setup. From a trading point of view, this setup remains tougher until price can reclaim the lower edge of the main cost band near 9.81.