ERICSSON LM-B SHS (ERCB.DE) Stock Technical Analysis
FRA:ERCB - Deutsche Boerse Ag - SE0000108656 - Common Stock - Currency: EUR
Overall ERCB gets a technical rating of 6 out of 10. 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.
Warning: ERCB has an average volume of 13391 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that ERCB is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, ERCB also shows a nice and consistent pattern of rising prices.
ERCB is one of the better performing stocks in the Communications Equipment industry, it outperforms 79% of 25 stocks in the same industry.
In the last month ERCB has a been trading in the 6.02 - 7.45 range, which is quite wide. It is currently trading near the high of this range.
ERCB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
ERCB 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
5.91
8.13
We found 2 important support areas.
- Support @6.32 from a horizontal line in the weekly time frame.
- Support @5.97 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 7.27 to 7.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.55 from a trend line in the weekly time frame.
- Resistance @7.68 from a horizontal line in the daily time frame.
- Resistance @8.05 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
CRS93.71
Mansfield0.83
10 Day High7.45
10 Day Low6.25
20 Day High7.45
20 Day Low6.02
52 Week High8.51
52 Week Low4.75
Performance
1 Week1.91%
2 Weeks18.49%
1 Month-4.69%
3 Month-1.84%
6 Month-7.7%
12 Month48.33%
2 Year46.07%
3 Year-6.56%
5 Year-7.35%
10 Year-26.01%
15 Year-16.78%
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)52.87
LBB5.92
UBB7.71
FRA:ERCB (4/25/2025, 7:00:00 PM)
7.24
-0.04 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.49%
1 Week1.91%
2 Weeks18.49%
1 Month-4.69%
3 Month-1.84%
6 Month-7.7%
12 Month48.33%
2 Year46.07%
3 Year-6.56%
5 Year-7.35%
10 Year-26.01%
15 Year-16.78%
Volatility
ATR(14)0.3
ATR(20)%3.65%
ATR Inc-63.14%
Range Today0.08
ADR(20)0.17
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.71
Mansfield0.83
10 Day High7.45
10 Day Low6.25
20 Day High7.45
20 Day Low6.02
52 Week High8.51
52 Week Low4.75
CS1 End6.32
CR1 Start7.27
Volume & EV
DER(3)-1.98%
DER(5)-1.75%
Volume6.76K
Volume Incr-70.57%
Vol(5)6.06K
Vol(50)13.39K