ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
Europe - FRA:ERCB - SE0000108656 - Common Stock
Taking everything into account, ERCB scores 9 out of 10 in our technical rating. 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.
ERCB has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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6.05
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.26 to 7.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.08 to 7.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.56 from a trend line in the weekly time frame.
- Support @6.33 from a horizontal line in the weekly time frame.
- Support @6.11 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.32 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 8.49 to 8.49. This zone is formed by a combination of multiple trend lines 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 | 81.63 | POSITIVE | ERCB.DE has a high relative strength, it outperformed 81.63% 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) | 71.86 | OVERBOUGHT | The high RSI value suggests ERCB.DE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ERCB.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.29 | OVERBOUGHT | The high Stochastics value suggests ERCB.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 41.45 | POSITIVE | The high ADX value value for ERCB.DE suggests a strong trend. |
FRA:ERCB (10/23/2025, 7:00:00 PM)
8.23
+0.05 (+0.66%)
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 71.8612. This indicates that the stock is currently overbought.
What is the MACD signal for ERCB stock?
The MACD indicator for ERICSSON LM-B SHS (ERCB.DE) has a value of 0.0646471, 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.