ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
FRA:ERCB - Deutsche Boerse Ag - SE0000108656 - Common Stock - Currency: EUR
Taking everything into account, ERCB scores 4 out of 10 in our technical rating. Although ERCB is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month ERCB has a been trading in the 7.18 - 8.51 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ERCB has an average volume of 13925 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ERCB did better than 89% of all other stocks. We also observe that the gains produced by ERCB over the past year are nicely spread over this period.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
ERCB is an average performer in the Communications Equipment industry, it outperforms 66% of 25 stocks in the same industry.
ERCB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERCB is lagging the market.
ERCB has an average technical rating and also 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
5.44
7.50
2 important support areas can be observed.
- A support zone ranging from 7.29 to 7.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @7.43 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.38
Mansfield0.58
10 Day High8.51
10 Day Low7.18
20 Day High8.51
20 Day Low7.18
52 Week High8.51
52 Week Low4.57
Performance
1 Week-1.54%
2 Weeks-12.8%
1 Month-8.24%
3 Month-4.17%
6 Month19.15%
12 Month44.83%
2 Year38.97%
3 Year-11.49%
5 Year1.7%
10 Year-36.98%
15 Year-0.41%
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)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)35.91
LBB6.81
UBB8.78
ERICSSON LM-B SHS
FRA:ERCB (2/4/2025, 7:00:00 PM)
7.304
+0.01 (+0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0.11%
1 Week-1.54%
2 Weeks-12.8%
1 Month-8.24%
3 Month-4.17%
6 Month19.15%
12 Month44.83%
2 Year38.97%
3 Year-11.49%
5 Year1.7%
10 Year-36.98%
15 Year-0.41%
Volatility
ATR(14)0.2
ATR(20)%2.69%
ATR Inc-45.94%
Range Today0.1
ADR(20)0.14
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.38
Mansfield0.58
10 Day High8.51
10 Day Low7.18
20 Day High8.51
20 Day Low7.18
52 Week High8.51
52 Week Low4.57
CS1 End7.29
CR1 Start7.43
Volume & EV
DER(3)-0.67%
DER(5)-0.81%
Volume1.68K
Volume Incr-8.78%
Vol(5)14.84K
Vol(50)13.93K