ERICSSON LM-A SHS (ERCG.DE) Stock Technical Analysis
Europe - FRA:ERCG - SE0000108649 - Common Stock
7.08 EUR
+0.02 (+0.28%)
Taking everything into account, ERCG scores 6 out of 10 in our technical rating. In the last year, ERCG was one of the better performers, but we do observe some doubts in the very recent evolution.
Warning: ERCG has an average volume of 912 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!
Looking at the yearly performance, ERCG did better than 70% of all other stocks. However, ERCG's most recent performance is quite weak.
ERCG is part of the Communications Equipment industry. There are 25 other stocks in this industry, ERCG did better than 58% of them.
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.
In the last month ERCG has a been trading in the 6.12 - 8.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ERCG has an average technical rating and the quality of the presented setup is also 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
6.02
8.26
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.48 to 6.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 @7.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 7.80 to 7.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.05 from a horizontal line in the weekly time frame.
- Resistance @8.18 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 ERCG.DE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ERCG.DE is neutral. |
| ChartMill Relative Strength | 70.01 | POSITIVE | ERCG.DE has a high relative strength, it outperformed 70.01% 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) | 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) | 51.18 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ERCG.DE has a positive trend. |
| Stochastics (14,3) | 70.57 | NEUTRAL | The Stochastics value for ERCG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.15 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 10.92 | 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)
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 |
|---|---|---|---|
| 7.10 | 6.49 | 0.61 (8.59%) | 11.64% |
| An entry @7.10. This is a Buy Stop order right above the resistance zone. | An exit @6.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.61 points, which is 8.59%. | For a 1.00% total portfolio risk, you can invest 11.64% 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.
FRA:ERCG (9/25/2025, 7:00:00 PM)
7.08
+0.02 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.28%
1 Week2.76%
2 Weeks7.93%
1 Month8.76%
3 Month-9.35%
6 Month14.19%
12 Month28.73%
2 Year52.26%
3 Year5.67%
5 Year-30.59%
10 Year-35.37%
15 Year3.45%
Volatility
ATR(14)0.18
ATR(20)%4.15%
ATR Inc-54.26%
Range Today0
ADR(20)0.06
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.01
Mansfield-0.68
10 Day High7.08
10 Day Low6.5
20 Day High8.04
20 Day Low6.12
52 Week High8.26
52 Week Low4.38
CS1 End6.5
CR1 Start7.09
Volume & EV
DER(3)3393.94%
DER(5)2042.27%
Volume2
Volume Incr-65.4%
Vol(5)298
Vol(50)912.54