ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ERCB - SE0000108656 - Common Stock
Overall ERCB gets a technical rating of 6 out of 10. Although ERCB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ERCB has an average volume of 8168 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- A new 52 week high is currently being made by ERCB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month ERCB has a been trading in the 7.90 - 9.07 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the yearly performance of all stocks, we notice that ERCB is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- ERCB is part of the Communications Equipment industry. There are 31 other stocks in this industry, ERCB did better than 56% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ERCB has an average technical rating and it also does not offer a high 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
6.27
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.06 to 8.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.87 from a trend line in the weekly time frame.
- Support @6.33 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for ERCB.DE is neutral. |
| ChartMill Relative Strength | 78.4 | POSITIVE | ERCB.DE has a high relative strength, it outperformed 78.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERCB.DE is above 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) | 69.35 | NEUTRAL | The RSI value for ERCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ERCB.DE has a positive trend. |
| Stochastics (14,3) | 49.99 | NEUTRAL | The Stochastics value for ERCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for ERCB.DE suggests a weak or negative trend. |
FRA:ERCB (1/23/2026, 7:00:00 PM)
8.9
+0.8 (+9.93%)
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 6 / 10 to ERCB.DE.
What is the trend direction for ERCB stock?
The current trend direction for ERICSSON LM-B SHS (ERCB.DE) is Bullish.
What is the RSI signal for ERCB stock?
ERICSSON LM-B SHS (ERCB.DE) has an RSI value of 69.3535. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ERICSSON LM-B SHS?
The short term momentum for ERICSSON LM-B SHS (ERCB.DE) is neutral.
What are the support and resistance levels for ERICSSON LM-B SHS (ERCB.DE) stock?
ERICSSON LM-B SHS (ERCB.DE) has a support level at 8.26. Check the full technical report for our detailed analysis of ERCB.DE support and resistance levels.