ERICSSON LM-B SHS (ERICB.ST) Stock Technical Analysis
STO:ERICB - Nasdaq Stockholm AB - SE0000108656 - Common Stock - Currency: SEK
Overall ERICB gets a technical rating of 6 out of 10. Although ERICB 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ERICB did better than 81% of all other stocks. We also observe that the gains produced by ERICB over the past year are nicely spread over this period.
In the last month ERICB has a been trading in the 66.24 - 83.08 range, which is quite wide. It is currently trading near the high of this range.
ERICB has an average volume of 3449460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ERICB 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.
Volume is considerably higher in the last couple of days.
ERICB 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
68.19
90.21
We found 2 important support areas.
- Support @70.66 from a horizontal line in the weekly time frame.
- Support @68.88 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 88.16 to 89.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.76
Mansfield0.5
10 Day High81.78
10 Day Low66.24
20 Day High83.08
20 Day Low66.24
52 Week High97.68
52 Week Low55.4
Performance
1 Week1.32%
2 Weeks13.05%
1 Month-4.52%
3 Month-6.29%
6 Month-11.19%
12 Month39.16%
2 Year41.71%
3 Year0.62%
5 Year-6.38%
10 YearN/A
15 YearN/A
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)1.2
RSI(14)54.37
LBB65.98
UBB83.3
STO:ERICB (4/25/2025, 5:30:45 PM)
79.88
+0.64 (+0.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.81%
1 Week1.32%
2 Weeks13.05%
1 Month-4.52%
3 Month-6.29%
6 Month-11.19%
12 Month39.16%
2 Year41.71%
3 Year0.62%
5 Year-6.38%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.41
ATR(20)%3.75%
ATR Inc-50.83%
Range Today1.58
ADR(20)2.21
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.76
Mansfield0.5
10 Day High81.78
10 Day Low66.24
20 Day High83.08
20 Day Low66.24
52 Week High97.68
52 Week Low55.4
CS1 End70.66
CR1 Start88.16
Volume & EV
DER(3)7.75%
DER(5)5.93%
Volume4.74M
Volume Incr28.97%
Vol(5)5.01M
Vol(50)3.45M