(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 2024-02-01 View latest technical analysis
10 day averaged volume of Erie Indemnity is 201300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 346.99 | 343.63 | 346.99 | 337.58 | 0.605 times |
| 31 Wed Jan 2024 | 345.83 | 345.39 | 350.05 | 338.39 | 5.255 times |
| 30 Tue Jan 2024 | 344.85 | 342.67 | 346.53 | 339.33 | 0.456 times |
| 29 Mon Jan 2024 | 342.67 | 345.00 | 347.93 | 342.23 | 0.669 times |
| 26 Fri Jan 2024 | 345.23 | 339.36 | 346.14 | 338.29 | 0.518 times |
| 25 Thu Jan 2024 | 337.54 | 338.71 | 340.29 | 333.80 | 0.733 times |
| 24 Wed Jan 2024 | 338.55 | 339.05 | 341.94 | 336.29 | 0.562 times |
| 23 Tue Jan 2024 | 338.47 | 342.85 | 344.39 | 335.81 | 0.497 times |
| 22 Mon Jan 2024 | 342.15 | 342.07 | 345.25 | 340.30 | 0.331 times |
| 19 Fri Jan 2024 | 340.04 | 344.77 | 345.85 | 336.41 | 0.583 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 344.5, but if it comes below 344.5, then a intra day sell could be more profitable.
If you take a sell trade below 344.5, then use 344.5 as stoploss and 338.65 as target. However if you take a buy trade in stock , then use 344.5 as stoploss and 351.5 as target.
Share price targets for Erie Indemnity (ERIE)
| Target Type | Value |
| Downside Target | 270.36 |
| Downside Target | 295.27 |
| Downside Target | 313.87 |
| Downside Target | 321.05 |
| Downside Target | 333.28 |
| Downside Target | 342.54 |
| Downside Target | 345.85 |
| Downside Target | 346.14 |
| Downside Target | 346.99 |
| Upside Target | 350.05 |
Intraday share price targets for Erie Indemnity (ERIE)
| Target Type | Value |
| Downside Intraday Target | 339.7 |
| Downside Intraday Target | 332.4 |
| Upside Intraday Target | 352.17 |
| Upside Intraday Target | 357.34 |
| Downside Intraday Target | 344.87 |
Weekly technical analysis of Erie Indemnity (ERIE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 346.99 | 345.00 | 350.05 | 337.58 | 2.645 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 |
| 01 Thu Feb 2024 | 346.99 | 343.63 | 346.99 | 337.58 | 0.041 times |
| 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 losing 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Erie Indemnity in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Erie Indemnity is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 343.81 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.
Price action analysis of Erie Indemnity ( (ERIE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 losing 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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Erie Indemnity in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Erie Indemnity is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 343.81 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.