ERICSSON LM-A SHS (ERCG.DE) Stock Technical Analysis
Europe - FRA:ERCG - SE0000108649 - Common Stock
Taking everything into account, ERCG 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, ERCG is showing a nice and steady performance.
ERCG 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.
More info and screens
6.02
4 important support areas can be observed.
- A support zone ranging from 8.26 to 8.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.00 to 8.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.81 from a trend line in the daily time frame.
- A support zone ranging from 6.08 to 6.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.29 to 8.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 ERCG.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ERCG.DE is up. |
| ChartMill Relative Strength | 93.2 | POSITIVE | ERCG.DE has a high relative strength, it outperformed 93.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ERCG.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ERCG.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ERCG.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.91 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ERCG.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.14 | OVERBOUGHT | The high Stochastics value suggests ERCG.DE may be overbought. |
| Average True Range in percent/ATR (20) | 1.97 | LOW VOLATILITY | The low ATR as a percentage value for ERCG.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 21.53 | NEUTRAL | The ADX value for ERCG.DE suggests a possible start of a new trend. |
FRA:ERCG (10/23/2025, 7:00:00 PM)
8.28
+0.12 (+1.47%)
ERICSSON LM-A SHS / ERCG.DE FAQ
What is the technical rating for ERCG stock?
ChartMill assigns a technical rating of 10 / 10 to ERCG.DE.
Can you provide the trend direction for ERICSSON LM-A SHS?
The current trend direction for ERICSSON LM-A SHS (ERCG.DE) is Bullish.
What is the RSI signal for ERCG stock?
ERICSSON LM-A SHS (ERCG.DE) has an RSI value of 66.9081. This indicates that the stock is currently neutral.
What is the MACD signal for ERICSSON LM-A SHS (ERCG.DE) stock?
The MACD indicator for ERICSSON LM-A SHS (ERCG.DE) has a value of 0.090688, indicating a bearish trend.
Can you provide the buy/sell signal for ERICSSON LM-A SHS?
The buy/sell signal for ERICSSON LM-A SHS (ERCG.DE) is buy as both the short term and long term trends are positive.