ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
FRA:ERCB • SE0000108656
Overall ERCB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ERCB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: ERCB has an average volume of 9019 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that ERCB is one of the better performing stocks in the market, outperforming 82% of all stocks.
- ERCB is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ERCB is leading the market.
- In the last month ERCB has a been trading in the 9.14 - 9.83 range, which is quite wide. It is currently trading near the high of this range.
- ERCB is an average performer in the Communications Equipment industry, it outperforms 66% of 28 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
Although ERCB has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
6.94
We found 6 important support areas.
- A support zone ranging from 9.45 to 9.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.16 from a horizontal line in the daily time frame.
- A support zone ranging from 8.70 to 8.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.54 from a trend line in the daily time frame.
- Support @8.09 from a horizontal line in the daily time frame.
- Support @7.01 from a trend 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 | UP | POSITIVE | The short term trend for ERCB.DE is up. |
| ChartMill Relative Strength | 82.01 | POSITIVE | ERCB.DE has a high relative strength, it outperformed 82.01% 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) | 66.31 | NEUTRAL | The RSI value for ERCB.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ERCB.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 87.65 | OVERBOUGHT | The high Stochastics value suggests ERCB.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for ERCB.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 32.86 | POSITIVE | The high ADX value value for ERCB.DE suggests a strong trend. |
FRA:ERCB (3/2/2026, 7:00:00 PM)
9.742
-0.07 (-0.71%)
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 10 / 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 66.3092. 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 positive.
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 9.53. Check the full technical report for our detailed analysis of ERCB.DE support and resistance levels.