ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
Europe - FRA:ERCB - SE0000108656 - Common Stock
Overall ERCB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERCB is showing a nice and steady performance.
Besides having an excellent technical rating, ERCB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.05
5 important support areas can be observed.
- A support zone ranging from 8.37 to 8.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.36 to 7.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.63 from a trend line in the weekly time frame.
- A support zone ranging from 6.33 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.11 from a horizontal line in the daily time frame.
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 ERCB.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERCB.DE is up. |
| ChartMill Relative Strength | 86.22 | POSITIVE | ERCB.DE has a high relative strength, it outperformed 86.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ERCB.DE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERCB.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERCB.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.94 | NEUTRAL | The RSI value for ERCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ERCB.DE has a negative trend. |
| Stochastics (14,3) | 49.98 | NEUTRAL | The Stochastics value for ERCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.1 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 40.71 | POSITIVE | The high ADX value value for ERCB.DE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.57 | 8.36 | 0.21 (2.48%) | 25.00% |
| An entry @8.57. This is a Buy Stop order right above the 10 day moving average. | An exit @8.36. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 2.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of ERCB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:ERCB (11/14/2025, 7:00:00 PM)
8.458
-0.14 (-1.67%)
ERICSSON LM-B SHS / ERCB.DE FAQ
Can you provide the ChartMill technical rating for ERICSSON LM-B SHS?
ChartMill assigns a technical rating of 9 / 10 to ERCB.DE.
What is the current trend direction of ERICSSON LM-B SHS (ERCB.DE) stock?
The current trend direction for ERICSSON LM-B SHS (ERCB.DE) is Bullish.
What is the RSI signal for ERICSSON LM-B SHS (ERCB.DE) stock?
ERICSSON LM-B SHS (ERCB.DE) has an RSI value of 56.9436. This indicates that the stock is currently neutral.
What is the MACD signal for ERCB stock?
The MACD indicator for ERICSSON LM-B SHS (ERCB.DE) has a value of -0.0581261, indicating a bearish trend.
What is the short term momentum for ERICSSON LM-B SHS (ERCB.DE) stock?
The short term momentum for ERICSSON LM-B SHS (ERCB.DE) is positive.