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ERICSSON LM-B SHS (ERICB.ST) Stock Technical Analysis

Europe - STO:ERICB - SE0000108656 - Common Stock

95.8 SEK
-0.66 (-0.68%)
Last: 10/31/2025, 1:00:45 PM
Technical Rating and Analysis

8

Taking everything into account, ERICB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ERICB is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
ERICB 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 ERICB has a been trading in the 77.68 - 96.74 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.
ERICB has an average volume of 3347660 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 ERICB is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Weekly and Daily overview Charts
ERICSSON LM-B SHS / ERICB Weekly stock chart
ERICSSON LM-B SHS / ERICB Daily stock chart
Setup Rating and Analysis

3

Although ERICB 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.

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Support and Resistance Analysis

69.95

96.76

We found 5 important support areas.

  • A support zone ranging from 89.08 to 89.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 80.22 to 82.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @77.22 from a trend line in the daily time frame.
  • Support @73.35 from a trend line in the weekly time frame.
  • Support @70.66 from a horizontal line in the weekly time frame.

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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 ERICB.ST is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ERICB.ST is up.
ChartMill Relative Strength75.7POSITIVEERICB.ST has a high relative strength, it outperformed 75.7% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ERICB.ST is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ERICB.ST is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ERICB.ST is above the rising SMA(200).
Relative Strength Index/RSI (14)78.58OVERBOUGHTThe high RSI value suggests ERICB.ST may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.58POSITIVEThe MACD value suggests ERICB.ST has a positive trend.
Stochastics (14,3)92.05OVERBOUGHTThe high Stochastics value suggests ERICB.ST may be overbought.
Average True Range in percent/ATR (20)2.74MEDIUM VOLATILITYThe ATR as a percentage value for ERICB.ST suggests some volalility.
Average Directional Index/ADX (14)49.47POSITIVEThe high ADX value value for ERICB.ST 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)

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ERICSSON LM-B SHS / ERICB Daily stock chart

ERICSSON LM-B SHS

STO:ERICB (10/31/2025, 1:00:45 PM)

95.8

-0.66 (-0.68%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week7.46%
2 Weeks6.52%
1 Month22.82%
3 Month37.29%
6 Month19.17%
12 Month7.8%
2 Year92.88%
3 Year57.02%
5 Year-3.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.02
ATR(20)%2.74%
ATR Inc32.75%
Range Today0.88
ADR(20)2.23
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.7
3 months CRS92.95
6 months CRS68.7
Mansfield0.4
10 Day High96.74
10 Day Low87.96
20 Day High96.74
20 Day Low77.68
52 Week High97.68
52 Week Low66.24
CS1 End89.22
CR1 StartN/A
Volume & EV
DER(3)6%
DER(5)5.18%
Volume1.36M
Volume Incr33.26%
Vol(5)5.66M
Vol(50)3.35M

ERICSSON LM-B SHS / ERICB.ST FAQ

What is the ChartMill technical rating of ERICSSON LM-B SHS (ERICB.ST) stock?

ChartMill assigns a technical rating of 8 / 10 to ERICB.ST.


What is the trend direction for ERICB stock?

The current trend direction for ERICSSON LM-B SHS (ERICB.ST) is Bullish.


What is the RSI signal for ERICSSON LM-B SHS (ERICB.ST) stock?

ERICSSON LM-B SHS (ERICB.ST) has an RSI value of 78.5777. This indicates that the stock is currently overbought.


What is the short term momentum for ERICSSON LM-B SHS (ERICB.ST) stock?

The short term momentum for ERICSSON LM-B SHS (ERICB.ST) is positive.


What is the support and resistance level for ERICB stock?

ERICSSON LM-B SHS (ERICB.ST) has a support level at 89.22. Check the full technical report for our detailed analysis of ERICB.ST support and resistance levels.