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. 1ERICB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, 1ERICB is a bad performer in the overall market: 100% of all stocks are doing better.
- 1ERICB is part of the Communications Equipment industry. There are 32 other stocks in this industry, of which 70% are performing better than 1ERICB.
- 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%.
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
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) | 78.56 | OVERBOUGHT | The high RSI value suggests 1ERICB.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests 1ERICB.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 32.86 | 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 (1/29/2026, 7:00:00 PM)
9.106
+0.93 (+11.37%)
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.
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 78.5636. 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.