ERIC technical analysis
ERIC Technical Analysis
Analysis date
August 6, 2026
Market
NasdaqGS (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
ERIC Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- ERIC
- Market
- NasdaqGS
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 10.06 | August 5, 2026 | - | Verified |
| Verification series | 10.06 | August 5, 2026 | 0.00% | Verified |
Bottom line
ERIC Technical Analysis Summary
ERIC technical analysis at the August 5, 2026 cutoff shows a corrective phase after the drop from the 13.77 high. The daily close of 10.06 is just below SMA20 at 10.07 and below SMA50 at 11.20 and SMA200 at 10.74. Daily RSI14 at 45.31 is below neutral and the MACD histogram at 0.12 is only marginally positive while both MACD lines remain negative, suggesting the decline is slowing but not yet reversing. The weekly close of 9.81 is below the 20-week and 50-week averages with a negative weekly MACD histogram at -0.40 and RSI14 at 41.28. Price sits in the lower half of its 52-week range. Immediate support is 9.28 at the 20-day and 60-day low, with the 52-week area near 7.12 further below. Resistance is SMA50 at 11.20 followed by the 20-day high at 11.83. A sustained close back above SMA20 at 10.07 would be the first sign of short-term stabilization, and the technical outlook remains uncertain until then.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Mixed. Price at 10.06 is below SMA20 (10.07), SMA50 (11.20), and SMA200 (10.74). The pullback from the 13.77 high has pushed the close under all three major averages, and the averages are not in a clean bullish or bearish stack after the sharp correction.
- Momentum
- Neutral. RSI14 at 45.31 is below the neutral 50 level. MACD line at -0.32 is above its signal at -0.44 with a small positive histogram at 0.12, but both lines remain below zero, indicating the decline is slowing rather than reversing.
- Volatility
- Moderate. ATR14 at 0.31 (3.06% of price). Bollinger Bands (8.72 to 11.41) are wide with the close in the lower half of the band, reflecting the recent sharp swings.
- Volume
- Below average. Latest volume of 12,186,700 is 71.1% of the 20-period average (17,151,530), indicating lighter participation on the latest session.
Assessment
The daily trend analysis shows a corrective phase. Price closed just below SMA20 at 10.07 and below SMA50 and SMA200. RSI at 45.31 is below neutral, and the MACD histogram is only marginally positive, so momentum has not yet confirmed a turn. The 9.28 20-day and 60-day low is the immediate support, with the 52-week low near 7.12 further below. Resistance sits at SMA50 at 11.20 and then the 20-day high at 11.83.
Weekly (July 27, 2026 week)
- Trend
- Mixed. The completed weekly close at 9.81 is below SMA20 (11.46) and SMA50 (10.24) but above SMA200 (7.01). The intermediate pullback has broken the 20-week and 50-week averages while the longer-term 200-week average still holds.
- Momentum
- Bearish. RSI14 at 41.28 is below the neutral 50 level. MACD line at -0.07 is below its signal at 0.33 with a negative histogram at -0.40, confirming downward momentum on the weekly timeframe.
- Volatility
- Elevated. ATR14 at 0.84 (8.59% of price) reflects wide weekly swings during the correction. Bollinger Bands (9.39 to 13.52) are wide, with the close near the lower band.
- Volume
- Above average. Weekly volume of 88,255,800 is 155.5% of the 20-week average (56,765,815), showing active participation during the recent down week.
Assessment
The weekly timeframe shows an intermediate downtrend from the 13.77 peak. Price is below the 20-week and 50-week averages, MACD is negative, and RSI is below neutral. The close near the lower Bollinger band suggests near-term downside pressure, with the 60-week low at 6.93 and the 52-week zone near 7.09 as the next support. A weekly close back above SMA50 at 10.24 would be an early sign of stabilization.
Key indicators
ERIC Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 45.31 | 41.28 |
| MACD (12, 26, 9) | -0.32 / -0.44 / 0.12 | -0.07 / 0.33 / -0.40 |
| ATR (14) | 0.31 (3.06%) | 0.84 (8.59%) |
| Bollinger Bands (20, 2) | 8.72 - 11.41 | 9.39 - 13.52 |
| SMA (20) | 10.07 | 11.46 |
| SMA (50) | 11.20 | 10.24 |
| SMA (200) | 10.74 | 7.01 |
Price structure
ERIC Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 10.06 | 9.81 |
| 1-Period Return | -2.04% | +5.03% |
| 5-Period Return | +2.76% | -10.49% |
| 20-Period Return | -8.88% | -12.99% |
| 60-Period Return | -15.32% | +18.85% |
| 252-Period Return | +40.67% | +4.60% |
| 52-Week Low | 7.12 | 7.09 |
| 52-Week High | 13.77 | 13.77 |
| 52-Week Position | 44.19% | 40.69% |
Key levels
ERIC Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 11.83 | 13.77 |
| 20-Period Low | 9.28 | 9.28 |
| 60-Period High | 13.77 | 13.77 |
| 60-Period Low | 9.28 | 6.93 |
Scenarios
ERIC Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price closes back above SMA20 at 10.07 and then reclaims SMA50 at 11.20 with the daily MACD histogram expanding further above zero.
Invalidation
Price closes below the 9.28 20-day low.
What to watch
RSI recovering above 50; the daily MACD line crossing back above zero; volume expanding on up days.
Range-Bound
Trigger
Price consolidates between support at 9.28 and the resistance zone from SMA20 at 10.07 up to SMA50 at 11.20.
Invalidation
A decisive break of either boundary with rising volume.
What to watch
RSI holding between 35 and 55; volume staying muted; the daily MACD histogram hovering near zero.
Bearish
Trigger
Price closes below the 9.28 20-day and 60-day low, opening the path toward the 52-week zone near 7.12.
Invalidation
Price reclaims SMA20 at 10.07 and holds above it.
What to watch
A negative daily MACD histogram resuming its decline; the weekly MACD staying negative; volume rising on down days.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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