Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) 14-day RSI (relative strength index) score is 53.84, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 29.69 percent, which is low when compared to that of the 50-day’s 38.55 percent. The first technical resistance point for the stock will likely come at $8.88, marking a 0.45% premium to the current level. The second resistance point is at $8.91, about 0.79% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $8.69, the lower end of the range. ERIC’s 14-day MACD is 0.19 and this positive figure indicates an upward trading trend.
Telefonaktiebolaget LM Ericsson (publ) (ERIC) trade volume has decreased by -47.74% as around 3,171,571 shares were sold when compared with its 50-day average volume of traded shares which is 6,069,408. At the moment, ERIC is witnessing a uptrend, as it is trading 1.62% above its 20-day SMA, 2.41% above its 50-day SMA, and 7.3% above its 200-day SMA. The company runs an ROE of roughly -26.2%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the -50% decrease witnessed over the past five years.
The last few days have been good for Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), as its price has grew by 1.14% during the week. It has also performed better over the past three months, as it added around 2.08% while it has so far climbed around 33.13% during the course of a year. The price of the stock went up by $0.01 now trading at $8.84. Their shares witnessed a 47.33% increase from the 52-week low price of $6 they recorded on 2018-04-04. Even though it is still -6.9% behind the $9.45 high touched on 2018-10-19. The stock of ERIC recorded -0.34% downtrend from the beginning of this year till date. The 12-month potential price target for Telefonaktiebolaget LM Ericsson (publ) is set at $9.64. This target means that the stock has an upside potential to increase by 9.05% from the current trading price.
When giving their opinion, around 36.36% of Wall Street analysts, which represents 4 out of 11 rated the stock as a Buy. 6 brokerage firms of the remaining 54.55% rated the stock as a Hold with 1 analyst rating it as a sell. Overall, the number of aggregate ERIC shares held by institutional investors represents 19.8% of total shares. 43 institutions entered new Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) positions, 100 added to their existing positions in these shares, 86 lowered their positions, and 36 exited their positions entirely.
The shares of Fiat Chrysler Automobiles N.V. (NYSE:FCAU) has decreased by -0.23%, and now trading at $17.12 on the Wall Street in the intra-day deal, with their shares traded now around 2,486,653. This is a decline of -2,068,033 shares over the average 4,554,686 shares that were traded daily over the last three months. The stock that is trading at $17.12 went higher by 22.2% from its 52-week low of $14.01 that it attained back on 2019-01-02. The stock recorded a 52-week high of $24.41 nearly 293 days ago on 2018-04-18.
FCAU stock has performed well over the past 30 days, as it added 21.33% while its price climbed by 18.4% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 2.76% over the last week. The stock’s 12-month potential target price is now at $24.13. This means that the stock price might likely increase by 40.95% from its current trading price.
Fiat Chrysler Automobiles N.V. (NYSE:FCAU) has been utilizing an ROE that is roughly 0%, with stock analysts predicting that the company’s EPS for the next five years will go up by 20.11% per year, following the 54.06% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 4.75% above its 20-day SMA, 7.54% above its 50-day SMA, and -5.24% below its 200-day SMA. In percentage terms, the aggregate Fiat Chrysler Automobiles N.V. shares held by institutional investors is 0%. 50 institutions jumped in to acquire Fiat Chrysler Automobiles N.V. (FCAU) fresh stake, 139 added to their current holdings in these shares, 145 lowered their positions, and 50 left no stake in the company.
The stock’s 9-day MACD is 0.34 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 69.83, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 17.31 percent, which is less when compared to that of the 50-day’s 37.11 percent. On the daily chart, we see that the stock could reach the first level of resistance at $17.21, sporting a 0.52% premium to the current level. The next resistance point is at $17.3, representing nearly 1.04% premium to the current market price of Fiat Chrysler Automobiles N.V. (FCAU). On the other hand, failure to breach the immediate hurdles can drag it down to $16.76, the lower end of the range.