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(ERIE) Erie Indemnity complete technical analysis [charts+indicators] | Buy/Sell Erie Indemnity | (ERIE) share price targets

Complete technical analysis of Erie Indemnity (ERIE) by charts plus indicators, forecast predictions and share price targets for Erie Indemnity (ERIE)

Erie Indemnity trades in USA in Finance sector.

Showing technical analysis as on 2024-01-31 View latest technical analysis

10 day averaged volume of Erie Indemnity is 100910

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	345.83	345.39	350.05	338.39	10.484 times
30 Tue Jan 2024	344.85	342.67	346.53	339.33	0.909 times
29 Mon Jan 2024	342.67	345.00	347.93	342.23	1.335 times
26 Fri Jan 2024	345.23	339.36	346.14	338.29	1.034 times
25 Thu Jan 2024	337.54	338.71	340.29	333.80	1.463 times
24 Wed Jan 2024	338.55	339.05	341.94	336.29	1.122 times
23 Tue Jan 2024	338.47	342.85	344.39	335.81	0.991 times
22 Mon Jan 2024	342.15	342.07	345.25	340.30	0.66 times
19 Fri Jan 2024	340.04	344.77	345.85	336.41	1.162 times
18 Thu Jan 2024	342.70	340.09	343.82	337.04	0.79 times

Stock of Erie Indemnity (ERIE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 343.6, but if it comes below 343.6, then a intra day sell could be more profitable.
If you take a sell trade below 343.6, then use 343.6 as stoploss and 338 as target. However if you take a buy trade in stock , then use 343.6 as stoploss and 350.3 as target.

Share price targets for Erie Indemnity (ERIE)

Target Type	Value
Downside Target	270.36
Downside Target	295.27
Downside Target	304.11
Downside Target	313.87
Downside Target	321.05
Downside Target	333.28
Downside Target	338.39
Downside Target	342.54
Upside Target	345.85
Upside Target	346.14
Upside Target	350.05

Intraday share price targets for Erie Indemnity (ERIE)

Target Type	Value
Downside Intraday Target	339.46
Downside Intraday Target	333.1
Upside Intraday Target	351.12
Upside Intraday Target	356.42
Downside Intraday Target	344.76

Weekly technical analysis of Erie Indemnity (ERIE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	345.83	345.00	350.05	338.39	2.415 times
26 Fri Jan 2024	345.23	342.07	346.14	333.80	1.48 times
19 Fri Jan 2024	340.04	340.90	345.85	335.31	4.182 times
12 Fri Jan 2024	341.44	335.98	342.54	333.28	0.206 times
12 Fri Jan 2024	341.44	330.87	342.54	321.05	1.302 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Erie Indemnity (ERIE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	345.83	332.48	350.05	321.05	1.397 times
29 Fri Dec 2023	334.92	295.27	336.05	295.27	0.977 times
30 Thu Nov 2023	295.64	276.73	296.48	274.52	0.848 times
31 Tue Oct 2023	276.19	294.81	313.87	270.36	1.117 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Erie Indemnity (ERIE)

Price action analysis of Erie Indemnity ( (ERIE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Erie Indemnity ( (ERIE) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Erie Indemnity ( (ERIE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Erie Indemnity stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Erie Indemnity in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Erie Indemnity Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Erie Indemnity in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Erie Indemnity is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 343.58 and Erie Indemnity (ERIE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Erie Indemnity (ERIE) stock. Volume based technical analysis of Erie Indemnity (ERIE) stock is negative.

Erie Indemnity Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.