ERICSSON LM-A SHS (ERCG.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:ERCG - SE0000108649 - Common Stock
Taking everything into account, ERCG scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although ERCG has an excellent technical rating, the quality of the presented setup is 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
6.02
3 important support areas can be observed.
- A support zone ranging from 8.01 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.34 from a trend line in the daily time frame.
- Support @6.08 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.57 from a trend line in the weekly time frame.
- Resistance @8.75 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ERCG.DE is neutral. |
| ChartMill Relative Strength | 93.14 | POSITIVE | ERCG.DE has a high relative strength, it outperformed 93.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ERCG.DE is below a declining 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) | 47.46 | NEUTRAL | The RSI value for ERCG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ERCG.DE has a negative trend. |
| Stochastics (14,3) | 37.82 | NEUTRAL | The Stochastics value for ERCG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for ERCG.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 14.36 | NEGATIVE | The low ADX value for ERCG.DE suggests a weak or negative 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 |
|---|---|---|---|
| 8.32 | 8.15 | 0.16 (1.98%) | 25.00% |
| An entry @8.31. This is a Buy Stop order right above the 10 day moving average. | An exit @8.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 1.98%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.50%. |
- The distance between exit and entry is rather small compared to the average daily movement of ERCG. Please evaluate whether better entry and exit points can be found.
- 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.
FRA:ERCG (12/12/2025, 7:00:00 PM)
8.2
-0.15 (-1.8%)
ERICSSON LM-A SHS / ERCG.DE FAQ
What is the technical rating for ERCG stock?
ChartMill assigns a technical rating of 9 / 10 to ERCG.DE.
Can you provide the trend direction for ERICSSON LM-A SHS?
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 47.4589. This indicates that the stock is currently neutral.
What is the MACD signal for ERICSSON LM-A SHS (ERCG.DE) stock?
The MACD indicator for ERICSSON LM-A SHS (ERCG.DE) has a value of -0.0453735, indicating a bearish trend.