


Technical Sentiment Analysis for Telefonaktiebolaget LM Ericsson (ERIC) As of 2026-05-29, Telefonaktiebolaget LM Ericsson (ERIC) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 10 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ERIC stands at 58.614, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.389, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.279 and the Commodity Channel Index (CCI) at 61.342 further confirm a 0.39 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ERIC is trading above its 60-day moving average of $11.872 and above its 200-day long-term moving average of $10.16. Key price levels to watch include the immediate resistance at $13.724 and strong support at $12.364. A break above $13.724 could signal a bull continuation, while falling below $12.364 may test the next Fibonacci floor at $11.687.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 11.004 | 11.687 | 12.364 | 13.047 | 13.724 | 14.407 | 15.084 |
| Fibonacci | 11.687 | 12.207 | 12.527 | 13.047 | 13.567 | 13.887 | 14.407 |
2026-05-29
| Name | Value |
|---|---|
| RSI_14 | 58.614 |
| STOCHk_14_3_3 | 58.279 |
| STOCHd_14_3_3 | 72.531 |
| CCI_20 | 61.342 |
| AO_5_34 | 1.058 |
| MOM_10 | 0.39 |
| MACD_12_26_9 | 0.389 |
2026-05-29
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 13.212 | Sell |
| MA_10 | 13.041 | Buy |
| MA_20 | 12.571 | Buy |
| MA_60 | 11.872 | Buy |
| MA_200 | 10.16 | Buy |
| MA_250 | 9.725 | Buy |