ERICSSON LM-B SHS (1ERICB.MI) Technical Analysis
BIT:1ERICB • SE0000108656
Current stock price
1ERICB.MI Technical Rating and Analysis
Overall 1ERICB gets a technical rating of 3 out of 10. 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 part of the Communications Equipment industry. There are 34 other stocks in this industry, of which 66% are performing better than 1ERICB.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month 1ERICB has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.
1ERICB.MI Weekly and Daily overview Charts
1ERICB.MI Setup Rating and Analysis
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.
More info and screens
1ERICB.MI Support and Resistance Analysis
10.09
1ERICB.MI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1ERICB.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1ERICB.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1ERICB.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 83.03 | OVERBOUGHT | The high RSI value suggests 1ERICB.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests 1ERICB.MI has a positive trend. |
| Average Directional Index/ADX (14) | 34.86 | POSITIVE | The high ADX value value for 1ERICB.MI suggests a strong trend. |
1ERICB.MI Chart- and CandleStick Pattern Analysis
1ERICB.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:1ERICB (4/14/2026, 7:00:00 PM)
10.195
+1.09 (+11.96%)
ERICSSON LM-B SHS / 1ERICB.MI TA FAQ
Can you provide the ChartMill technical rating for ERICSSON LM-B SHS?
ChartMill assigns a technical rating of 3 / 10 to 1ERICB.MI.
What is the current trend direction of ERICSSON LM-B SHS (1ERICB.MI) stock?
The current trend direction for ERICSSON LM-B SHS (1ERICB.MI) is Bullish.
Can you provide the RSI signal for ERICSSON LM-B SHS?
ERICSSON LM-B SHS (1ERICB.MI) has an RSI value of 83.026. This indicates that the stock is currently overbought.
What is the short term momentum for 1ERICB stock?
The short term momentum for ERICSSON LM-B SHS (1ERICB.MI) is positive.
Can you provide the buy/sell signal for ERICSSON LM-B SHS?
The buy/sell signal for ERICSSON LM-B SHS (1ERICB.MI) is buy as both the short term and long term trends are positive.