Ericsson (ERIC, $8.46) RSI Indicator left the overbought zone on March 06, 2025

#TelecommunicationsEquipment, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #LargeCap
ERIC - Ericsson
RSI signal
Bearish Trend
63%
Odds of DOWN Trend
Price: $8.46
Daily change: -$0.17 (-1.97%)
Daily volume: 19.8M
Capitalization: $28.5B
Industry: Telecommunications Equipment

This is a signal that ERIC's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 32 similar cases where ERIC's RSI Indicator left the overbought zone, and in 20 of them led to a successful outcome. Odds of Success: 63%.