ERICSSON LM-A SHS (ERCG.DE) Technical Analysis
FRA:ERCG • SE0000108649
Current stock price
9.72 EUR
-0.38 (-3.76%)
Last:
ERCG.DE Technical Rating and Analysis
Overall ERCG gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: ERCG has an average volume of 342 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 gets the benefit of the doubt for now.
- Looking at the yearly performance, ERCG did better than 90% of all other stocks. On top of that, ERCG also shows a nice and consistent pattern of rising prices.
- ERCG is one of the better performing stocks in the Communications Equipment industry, it outperforms 83% of 32 stocks in the same industry.
- ERCG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ERCG is lagging the market slightly.
- In the last month ERCG has a been trading in the 9.33 - 10.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ERCG.DE Weekly and Daily overview Charts
ERCG.DE Setup Rating and Analysis
Although ERCG has an excellent technical rating, it does not offer a high 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
ERCG.DE Support and Resistance Analysis
9.15
10.68
We found 2 important support areas.
- A support zone ranging from 9.63 to 9.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.24 to 9.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.45 to 10.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
ERCG.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 ERCG.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERCG.DE is neutral. |
| ChartMill Relative Strength | 90.82 | POSITIVE | ERCG.DE has a high relative strength, it outperformed 90.82% 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) | UP | MIXED | The current price of ERCG.DE is below 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) | 45.94 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ERCG.DE has a negative trend. |
| Stochastics (14,3) | 35.47 | NEUTRAL | The Stochastics value for ERCG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for ERCG.DE suggests a weak or negative trend. |
ERCG.DE Chart- and CandleStick Pattern Analysis
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)
ERCG.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:ERCG (4/17/2026, 7:00:00 PM)
9.72
-0.38 (-3.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-3.76%
1 Week-6.9%
2 Weeks-2.02%
1 Month-7.95%
3 Month15.99%
6 Month32.97%
12 Month58.31%
2 Year101.45%
3 Year76.73%
5 Year-14.13%
10 Year20.45%
15 Year24.84%
Volatility
ATR(14)0.25
ATR(20)%2.87%
ATR Inc44.61%
Range Today0.52
ADR(20)0.15
ADR(20)%1.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.82
3 months CRS92.56
6 months CRS93.05
Mansfield0.78
10 Day High10.44
10 Day Low9.68
20 Day High10.56
20 Day Low9.33
52 Week High10.56
52 Week Low6.12
CS1 End9.71
CR1 Start10.45
Volume & EV
DER(3)3403.88%
DER(5)2736.78%
Volume3.01K
Volume Incr120.77%
Vol(5)627.2
Vol(50)342.54
ERICSSON LM-A SHS / ERCG.DE TA FAQ
Can you provide the ChartMill technical rating for ERICSSON LM-A SHS?
ChartMill assigns a technical rating of 9 / 10 to ERCG.DE.
What is the current trend direction of ERICSSON LM-A SHS (ERCG.DE) stock?
The current trend direction for ERICSSON LM-A SHS (ERCG.DE) is Bullish.
What is the RSI signal for ERICSSON LM-A SHS (ERCG.DE) stock?
ERICSSON LM-A SHS (ERCG.DE) has an RSI value of 45.9407. This indicates that the stock is currently neutral.
What is the MACD signal for ERCG stock?
The MACD indicator for ERICSSON LM-A SHS (ERCG.DE) has a value of -0.0423753, indicating a bearish trend.