ERIE INDEMNITY COMPANY-CL A (ERIE)

US29530P1021 - Common Stock

416.48  +8.1 (+1.98%)

After market: 416.48 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, ERIE scores 1 out of 10 in our technical rating. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ERIE is part of the Insurance industry. There are 141 other stocks in this industry, of which 61% are performing better than ERIE.
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 55% of all stocks.
ERIE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ERIE is lagging the market slightly.
In the last month ERIE has a been trading in the 385.25 - 445.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ERIE Weekly chart
ERIE Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, ERIE does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 417.37. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 405.02, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

397.62

444.98

We found 1 important support area.

  • A support zone ranging from 401.64 to 405.02. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 417.37 to 421.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 437.28 to 440.57. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS55.61
Mansfield-0.76
10 Day High429.09
10 Day Low385.25
20 Day High445.95
20 Day Low385.25
52 Week High547
52 Week Low321.05
Performance
1 Week-1.02%
2 Weeks1.12%
1 Month-2.01%
3 Month-20.06%
6 Month16.01%
12 Month25.14%
2 Year67.45%
3 Year116.17%
5 Year150.89%
10 Year358.83%
15 Year967.35%
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)0.85
RSI(14)45.96
LBB397.16
UBB434.59
ERIE Daily chart

ERIE INDEMNITY COMPANY-CL A

NASDAQ:ERIE (12/20/2024, 8:07:26 PM)

After market: 416.48 0 (0%)

416.48

+8.1 (+1.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg1.98%
1 Week-1.02%
2 Weeks1.12%
1 Month-2.01%
3 Month-20.06%
6 Month16.01%
12 Month25.14%
2 Year67.45%
3 Year116.17%
5 Year150.89%
10 Year358.83%
15 Year967.35%
Volatility
ATR(14)11.83
ATR(20)%2.62%
ATR Inc5.59%
Range Today13.42
ADR(20)10.48
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.61
Mansfield-0.76
10 Day High429.09
10 Day Low385.25
20 Day High445.95
20 Day Low385.25
52 Week High547
52 Week Low321.05
CS1 End405.02
CR1 Start417.37
Volume & EV
DER(3)0.88%
DER(5)1.3%
Volume582.20K
Volume Incr42.53%
Vol(5)221.08K
Vol(50)161.24K