ERICSSON LM-A SHS (ERCG.DE) Stock Technical Analysis
FRA:ERCG - Deutsche Boerse Ag - SE0000108649 - Common Stock - Currency: EUR
We assign a technical rating of 1 out of 10 to ERCG. ERCG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
73% of all other stocks performed better in the past year than ERCG.
ERCG is one of the lesser performing stocks in the Communications Equipment industry. 60% of 26 stocks in the same industry do better.
In the last month ERCG has a been trading in the 6.12 - 8.04 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ERCG has an average volume of 911 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ERCG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERCG is lagging the market.
The technical rating of ERCG is bad and it also does not present a quality setup 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
8.36
We found 3 important support areas.
- Support @6.49 from a horizontal line in the weekly time frame.
- Support @6.33 from a trend line in the daily time frame.
- A support zone ranging from 6.08 to 6.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @6.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.00 to 7.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.92 from a trend line in the weekly time frame.
- Resistance @8.28 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 | DOWN | NEGATIVE | The long term trend for ERCG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ERCG.DE is down. |
| ChartMill Relative Strength | 27.87 | NEGATIVE | ERCG.DE has a low relative strength, it was outperformed by 72.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERCG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ERCG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ERCG.DE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.83 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ERCG.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.65 | NEUTRAL | The Stochastics value for ERCG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for ERCG.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.55 | NEGATIVE | The low ADX value for ERCG.DE suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:ERCG (8/7/2025, 7:00:00 PM)
6.5
-0.22 (-3.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-3.27%
1 Week-1.96%
2 Weeks-8.45%
1 Month-12.28%
3 Month-13.1%
6 Month34.02%
12 Month11.11%
2 Year35.14%
3 Year-16.99%
5 Year-39.93%
10 Year-38.74%
15 Year7.26%
Volatility
ATR(14)0.41
ATR(20)%5.37%
ATR Inc-49.65%
Range Today0
ADR(20)0.05
ADR(20)%0.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.87
Mansfield-0.98
10 Day High8.04
10 Day Low6.47
20 Day High8.04
20 Day Low6.12
52 Week High8.26
52 Week Low4.38
CS1 End6.49
CR1 Start6.73
Volume & EV
DER(3)123.98%
DER(5)79.86%
Volume100
Volume Incr27.71%
Vol(5)1.19K
Vol(50)911.6