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ERICSSON (LM) TEL-SP ADR (ERIC) Stock Technical Analysis

USA - NASDAQ:ERIC - US2948216088 - ADR

10.14 USD
+0.04 (+0.4%)
Last: 10/30/2025, 6:06:24 PM
10.15 USD
+0.01 (+0.1%)
After Hours: 10/30/2025, 6:06:24 PM
Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to ERIC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ERIC is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
ERIC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ERIC has a been trading in the 8.12 - 10.35 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ERIC has an average volume of 15808700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ERIC is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ERIC is an average performer in the Communications Equipment industry, it outperforms 53% of 48 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ERICSSON (LM) TEL-SP ADR / ERIC Weekly stock chart
ERICSSON (LM) TEL-SP ADR / ERIC Daily stock chart
Setup Rating and Analysis

3

Although ERIC has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

7.39

10.24

6 important support areas can be observed.

  • Support @9.81 from a trend line in the daily time frame.
  • A support zone ranging from 9.42 to 9.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.41 to 8.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @8.21 from a horizontal line in the daily time frame.
  • Support @7.70 from a trend line in the weekly time frame.
  • Support @7.46 from a trend line in the weekly time frame.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ERIC is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ERIC is up.
ChartMill Relative Strength85.48POSITIVEERIC has a high relative strength, it outperformed 85.48% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ERIC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ERIC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ERIC is above the rising SMA(200).
Relative Strength Index/RSI (14)75.92OVERBOUGHTThe high RSI value suggests ERIC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.06POSITIVEThe MACD value suggests ERIC has a positive trend.
Stochastics (14,3)90.2OVERBOUGHTThe high Stochastics value suggests ERIC may be overbought.
Average True Range in percent/ATR (20)2.99MEDIUM VOLATILITYThe ATR as a percentage value for ERIC suggests some volalility.
Average Directional Index/ADX (14)41.77POSITIVEThe high ADX value value for ERIC suggests a strong trend.
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)
ERICSSON (LM) TEL-SP ADR / ERIC Daily stock chart

ERICSSON (LM) TEL-SP ADR

NASDAQ:ERIC (10/30/2025, 6:06:24 PM)

After market: 10.15 +0.01 (+0.1%)

10.14

+0.04 (+0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryCommunications Equipment
Performance
% Chg0.4%
1 Week6.96%
2 Weeks6.96%
1 Month21.44%
3 Month39.86%
6 Month21.58%
12 Month19.72%
2 Year127.35%
3 Year82.05%
5 Year-9.55%
10 Year4.11%
15 Year-7.65%
Volatility
ATR(14)0.35
ATR(20)%2.99%
ATR Inc36.35%
Range Today0.4
ADR(20)0.22
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.48
3 months CRS90.75
6 months CRS73.82
Mansfield1.06
10 Day High10.35
10 Day Low9.34
20 Day High10.35
20 Day Low8.12
52 Week High10.35
52 Week Low6.64
CS1 End9.81
CR1 StartN/A
Volume & EV
DER(3)4.11%
DER(5)3.2%
Volume21.09M
Volume Incr58.98%
Vol(5)29.75M
Vol(50)15.81M

ERICSSON (LM) TEL-SP ADR / ERIC FAQ

What is the technical rating for ERIC stock?

ChartMill assigns a technical rating of 9 / 10 to ERIC.


Can you provide the trend direction for ERICSSON (LM) TEL-SP ADR?

The current trend direction for ERICSSON (LM) TEL-SP ADR (ERIC) is Bullish.


What is the RSI signal for ERICSSON (LM) TEL-SP ADR (ERIC) stock?

ERICSSON (LM) TEL-SP ADR (ERIC) has an RSI value of 75.9185. This indicates that the stock is currently overbought.


What is the short term momentum for ERIC stock?

The short term momentum for ERICSSON (LM) TEL-SP ADR (ERIC) is positive.


What is the support and resistance level for ERIC stock?

ERICSSON (LM) TEL-SP ADR (ERIC) has a support level at 9.81. Check the full technical report for our detailed analysis of ERIC support and resistance levels.