ERICSSON LM-A SHS (ERCG.DE) Technical Analysis
FRA:ERCG • SE0000108649
Taking everything into account, ERCG scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, ERCG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Warning: ERCG has an average volume of 1002 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 ERCG is one of the better performing stocks in the market, outperforming 96% of all stocks.
- ERCG is part of the Communications Equipment industry. There are 34 other stocks in this industry. ERCG outperforms 96% of them.
- 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 9.21 - 10.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
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
8.07
3 important support areas can be observed.
- A support zone ranging from 9.20 to 9.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 8.69 to 8.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.15 to 8.25. 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 | 96.62 | POSITIVE | ERCG.DE has a high relative strength, it outperformed 96.62% 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) | 53.5 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ERCG.DE has a negative trend. |
| Stochastics (14,3) | 70.98 | NEUTRAL | The Stochastics value for ERCG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ERCG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 30.89 | POSITIVE | The high ADX value value for ERCG.DE suggests a strong trend. |
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 |
|---|---|---|---|
| 9.65 | 9.24 | 0.41 (4.24%) | 23.59% |
| An entry @9.65. This is a Buy Stop order right above the 10 day moving average. | An exit @9.24. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 4.24%. | For a 1.00% total portfolio risk, you can invest 23.59% 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.
ERCG.DE Technicals: Chart, Performance Metrics, Trend & Indicators
FRA:ERCG (3/6/2026, 7:00:00 PM)
9.57
-0.32 (-3.24%)
ERICSSON LM-A SHS / ERCG.DE FAQ
Can you provide the ChartMill technical rating for ERICSSON LM-A SHS?
ChartMill assigns a technical rating of 10 / 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 ERCG stock?
ERICSSON LM-A SHS (ERCG.DE) has an RSI value of 53.496. This indicates that the stock is currently neutral.
What is the short term momentum for ERICSSON LM-A SHS (ERCG.DE) stock?
The short term momentum for ERICSSON LM-A SHS (ERCG.DE) is positive.
Can you provide the support and resistance levels for ERICSSON LM-A SHS?
ERICSSON LM-A SHS (ERCG.DE) has a support level at 9.21. Check the full technical report for our detailed analysis of ERCG.DE support and resistance levels.