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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 2024-02-06 View latest technical analysis

10 day averaged volume of Erie Indemnity is 201020

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	347.49	344.99	348.34	343.75	0.454 times
05 Mon Feb 2024	343.61	346.36	346.57	343.16	0.285 times
02 Fri Feb 2024	347.39	347.52	348.83	339.78	0.407 times
01 Thu Feb 2024	346.99	343.63	346.99	337.58	0.606 times
31 Wed Jan 2024	345.83	345.39	350.05	338.39	5.263 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	0.67 times
26 Fri Jan 2024	345.23	339.36	346.14	338.29	0.519 times
25 Thu Jan 2024	337.54	338.71	340.29	333.80	0.734 times
24 Wed Jan 2024	338.55	339.05	341.94	336.29	0.563 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 345.9, but if it comes below 345.9, then a intra day sell could be more profitable.
If you take a sell trade below 345.9, then use 345.9 as stoploss and 341.26 as target. However if you take a buy trade in stock , then use 345.9 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	343.16
Downside Target	345.85
Downside Target	346.14
Upside Target	348.34
Upside Target	348.83
Upside Target	350.05

Intraday share price targets for Erie Indemnity (ERIE)

Target Type	Value
Downside Intraday Target	344.32
Downside Intraday Target	341.15
Upside Intraday Target	349.5
Upside Intraday Target	351.51
Downside Intraday Target	346.33

Weekly technical analysis of Erie Indemnity (ERIE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	347.49	346.36	348.34	343.16	0.1 times
02 Fri Feb 2024	347.39	345.00	350.05	337.58	2.798 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

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

Monthly technical analysis of Erie Indemnity (ERIE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	347.49	343.63	348.83	337.58	0.117 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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 buy signal for Erie Indemnity in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 344.66 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.