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ERICSSON LM-B SHS (1ERICB.MI) Stock Technical Analysis

Europe - Euronext Milan - BIT:1ERICB - SE0000108656 - Common Stock

8.176 EUR
-0.06 (-0.7%)
Last: 10/16/2025, 7:00:00 PM
Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to 1ERICB. In the last year, 1ERICB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

100% of all other stocks performed better in the past year than 1ERICB.
1ERICB is one of the lesser performing stocks in the Communications Equipment industry. 76% of 31 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month 1ERICB has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.

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Weekly and Daily overview Charts
ERICSSON LM-B SHS / 1ERICB Weekly stock chart
ERICSSON LM-B SHS / 1ERICB Daily stock chart
Setup Rating and Analysis

0

The technical rating of 1ERICB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

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Support and Resistance Analysis

7.09

8.35

When analyzing the support we notice one important area.

  • Support @7.16 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.27 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for 1ERICB.MI is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for 1ERICB.MI is up.
ChartMill Relative Strength0NEGATIVE1ERICB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Relative Strength Index/RSI (14)72.92OVERBOUGHTThe high RSI value suggests 1ERICB.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.27POSITIVEThe MACD value suggests 1ERICB.MI has a positive trend, although the MACD value is declining.
Average Directional Index/ADX (14)31.23POSITIVEThe high ADX value value for 1ERICB.MI suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)

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ERICSSON LM-B SHS / 1ERICB Daily stock chart

ERICSSON LM-B SHS

BIT:1ERICB (10/16/2025, 7:00:00 PM)

8.176

-0.06 (-0.7%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryCommunications Equipment
Performance
% Chg-0.7%
1 Week8.03%
2 Weeks25.55%
1 MonthN/A
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)N/A
ATR(20)%N/A
ATR Inc-100%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High8.45
10 Day Low6.7
20 Day HighN/A
20 Day LowN/A
52 Week HighN/A
52 Week LowN/A
CS1 End7.16
CR1 Start8.27
Volume & EV
DER(3)0%
DER(5)0%
Volume315
Volume IncrInfinity%
Vol(5)470
Vol(50)N/A

ERICSSON LM-B SHS / 1ERICB.MI FAQ

Can you provide the ChartMill technical rating for ERICSSON LM-B SHS?

ChartMill assigns a technical rating of 3 / 10 to 1ERICB.MI.


Can you provide the trend direction for ERICSSON LM-B SHS?

The current trend direction for ERICSSON LM-B SHS (1ERICB.MI) is Bullish.


What is the RSI signal for ERICSSON LM-B SHS (1ERICB.MI) stock?

ERICSSON LM-B SHS (1ERICB.MI) has an RSI value of 72.9177. This indicates that the stock is currently overbought.


What is the buy/sell signal for ERICSSON LM-B SHS (1ERICB.MI) stock?

The buy/sell signal for ERICSSON LM-B SHS (1ERICB.MI) is buy as both the short term and long term trends are positive.


Can you provide the support and resistance levels for ERICSSON LM-B SHS?

ERICSSON LM-B SHS (1ERICB.MI) has a support level at 7.16 and a resistance level at 8.27. Check the full technical report for our detailed analysis of 1ERICB.MI support and resistance levels.