(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 2024-02-16 View latest technical analysis
10 day averaged volume of Erie Indemnity is 83140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 359.81 | 355.87 | 362.93 | 353.78 | 1.407 times |
| 15 Thu Feb 2024 | 355.48 | 353.20 | 357.76 | 352.63 | 1.031 times |
| 14 Wed Feb 2024 | 351.82 | 350.01 | 354.24 | 350.01 | 1.269 times |
| 13 Tue Feb 2024 | 349.47 | 354.80 | 356.47 | 349.20 | 0.947 times |
| 12 Mon Feb 2024 | 355.21 | 354.00 | 357.45 | 352.69 | 0.947 times |
| 09 Fri Feb 2024 | 354.71 | 350.20 | 355.05 | 349.40 | 0.907 times |
| 08 Thu Feb 2024 | 350.18 | 350.00 | 350.40 | 348.10 | 1.116 times |
| 07 Wed Feb 2024 | 350.00 | 348.08 | 350.63 | 346.07 | 1.014 times |
| 06 Tue Feb 2024 | 347.49 | 344.99 | 348.34 | 343.75 | 1.098 times |
| 05 Mon Feb 2024 | 343.61 | 346.36 | 346.57 | 343.16 | 0.688 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 360.4, for a target of 353.3 or 347.37
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 | 333.80 |
| Downside Target | 346.14 |
| Downside Target | 349.20 |
| Downside Target | 350.05 |
| Downside Target | 355.05 |
| Upside Target | 362.93 |
Intraday share price targets for Erie Indemnity (ERIE)
| Target Type | Value |
| Downside Intraday Target | 351.7 |
| Downside Intraday Target | 343.58 |
| Upside Intraday Target | 365.43 |
| Upside Intraday Target | 371.04 |
| Downside Intraday Target | 357.31 |
Weekly technical analysis of Erie Indemnity (ERIE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Feb 2024 | 359.81 | 354.00 | 362.93 | 349.20 | 1.161 times |
| 09 Fri Feb 2024 | 354.71 | 346.36 | 355.05 | 343.16 | 0.27 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 |
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 |
| 16 Fri Feb 2024 | 359.81 | 343.63 | 362.93 | 337.58 | 0.357 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Erie Indemnity in short term and the buy signal is strong.
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 buy signal for Erie Indemnity in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 352.26 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal for Erie Indemnity in short term and the buy signal is strong.
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 buy signal for Erie Indemnity in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 352.26 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.