ERICSSON LM-B SHS (ERCB.DE) Technical Analysis
FRA:ERCB • SE0000108656
Current stock price
ERCB.DE Technical Rating and Analysis
Taking everything into account, ERCB scores 10 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.
- Warning: ERCB has an average volume of 11835 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 may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that ERCB is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by ERCB over the past year are nicely spread over this period.
- ERCB is one of the better performing stocks in the Communications Equipment industry, it outperforms 80% of 31 stocks in the same industry.
- ERCB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ERCB is performing more or less in line with the market.
- In the last month ERCB has a been trading in the 9.37 - 10.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
ERCB.DE Weekly and Daily overview Charts
ERCB.DE Setup Rating and Analysis
ERCB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 9.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ERCB.DE Support and Resistance Analysis
8.01
We found 3 important support areas.
- A support zone ranging from 9.61 to 9.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.90 to 9.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.09 from a horizontal line in the daily time frame.
ERCB.DE 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 ERCB.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERCB.DE is neutral. |
| ChartMill Relative Strength | 91.71 | POSITIVE | ERCB.DE has a high relative strength, it outperformed 91.71% 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) | 53.72 | NEUTRAL | The RSI value for ERCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ERCB.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.84 | NEUTRAL | The Stochastics value for ERCB.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCB.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.58 | NEUTRAL | The ADX value for ERCB.DE suggests a possible start of a new trend. |
ERCB.DE Chart- and CandleStick Pattern Analysis
ERCB.DE Example Setup
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 |
|---|---|---|---|
| 10.12 | 9.60 | 0.52 (5.09%) | 19.64% |
| An entry @10.12. This is a Buy Stop order right above the 10 day high. | An exit @9.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.52 points, which is 5.09%. | For a 1.00% total portfolio risk, you can invest 19.64% of your capital in this trade. |
- 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.
ERCB.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:ERCB (4/2/2026, 7:00:00 PM)
9.938
+0.03 (+0.28%)
ERICSSON LM-B SHS / ERCB.DE TA FAQ
Can you provide the ChartMill technical rating for ERICSSON LM-B SHS?
ChartMill assigns a technical rating of 10 / 10 to ERCB.DE.
Can you provide the trend direction for ERICSSON LM-B SHS?
The current trend direction for ERICSSON LM-B SHS (ERCB.DE) is Bullish.
Can you provide the RSI signal for ERICSSON LM-B SHS?
ERICSSON LM-B SHS (ERCB.DE) has an RSI value of 53.7211. This indicates that the stock is currently neutral.
What is the MACD signal for ERICSSON LM-B SHS (ERCB.DE) stock?
The MACD indicator for ERICSSON LM-B SHS (ERCB.DE) has a value of -0.0461325, indicating a bearish trend.