The volume for Ericsson (L.M.) Telephone stock increased for two consecutive days, resulting in a record-breaking daily growth of 167% of the 65-Day Volume Moving Average

#TelecommunicationsEquipment, #Volume, #Bullish, #OTCStocks, #LargeCap
ERIXF - Ericsson (L.M.) Telephone Co.
Record Volume
Bullish Trend
57%
Odds of UP Trend
Price: $8.62
Daily change: $0 (0%)
Daily volume: 700.4K
Capitalization: $28.6B
Industry: Telecommunications Equipment

This two-day volume growth resulted in a record-breaking increase of 167%, as compared to the 65-Day Volume Moving Average. ERIXF's total volume now sits at 700.4K. The +0.54% price change was insignificant, leaving ERIXF's price at $8.61. This volume move could indicate a change in trend, and may be a buy signal for investors. A.I.dvisor found 122 similar cases, 69 of which were successful. Based on this data, the odds of success are +57%.