ERIE INDEMNITY COMPANY-CL A (ERIE)

US29530P1021 - Common Stock

425.03  +5.58 (+1.33%)

After market: 425.03 0 (0%)

Technical Rating and Analysis

1

Overall ERIE gets a technical rating of 1 out of 10. ERIE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ERIE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the performance of all stocks over the past year, ERIE turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
ERIE is part of the Insurance industry. There are 140 other stocks in this industry, ERIE did better than 53% of them.
ERIE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ERIE is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ERIE Weekly chart
ERIE Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, ERIE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 409.49, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

346.01

429.29

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 402.49 to 409.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @349.51 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 425.04 to 425.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.65
Mansfield-0.58
10 Day High430.59
10 Day Low402.95
20 Day High462.21
20 Day Low398.61
52 Week High547
52 Week Low282.27
Performance
1 Week4.66%
2 Weeks0.14%
1 Month-7.26%
3 Month-13.12%
6 Month9.27%
12 Month45.17%
2 Year50.51%
3 Year128.74%
5 Year151.05%
10 Year387.25%
15 Year1049.66%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)3.29
RSI(14)41.55
LBB399.46
UBB432.79
ERIE Daily chart

ERIE INDEMNITY COMPANY-CL A

NASDAQ:ERIE (11/21/2024, 8:25:03 PM)

After market: 425.03 0 (0%)

425.03

+5.58 (+1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.33%
1 Week4.66%
2 Weeks0.14%
1 Month-7.26%
3 Month-13.12%
6 Month9.27%
12 Month45.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)10.7
ATR(20)%2.85%
ATR Inc
Range Today9.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High430.59
10 Day Low402.95
20 Day High462.21
20 Day Low398.61
52 Week High547
52 Week Low282.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume156.30K
Volume Incr-1.8%
Vol(5)157.48K
Vol(50)245.05K