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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 2024-05-28 View latest technical analysis

10 day averaged volume of Erie Indemnity is 60811

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	377.89	387.90	390.73	377.06	1.284 times
23 Thu May 2024	382.97	391.11	391.13	381.29	1.283 times
22 Wed May 2024	388.42	394.93	397.26	384.34	1.024 times
21 Tue May 2024	396.63	398.12	398.66	394.41	0.663 times
20 Mon May 2024	397.31	395.52	397.89	392.48	0.604 times
17 Fri May 2024	396.81	397.51	398.87	394.84	0.795 times
16 Thu May 2024	396.27	396.88	397.88	393.15	0.969 times
15 Wed May 2024	394.87	393.94	399.39	393.31	0.88 times
14 Tue May 2024	394.17	401.33	403.55	392.94	1.496 times
13 Mon May 2024	402.73	406.86	409.45	401.80	1.411 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 384.2, but if it comes above 384.2, then a intra day buy could be more profitable.
If you take a sell trade below 384.2, then use 384.2 as stoploss and 372.7 as target. However if you take a buy trade in stock , then use 384.2 as stoploss and 393.73 as target.

Share price targets for Erie Indemnity (ERIE)

Target Type	Value
Downside Target	321.05
Downside Target	337.58
Downside Target	350.05
Downside Target	371.31
Upside Target	390.40
Upside Target	398.66
Upside Target	405.37
Upside Target	409.45
Upside Target	411.72
Upside Target	414.91
Upside Target	420.34

Intraday share price targets for Erie Indemnity (ERIE)

Target Type	Value
Downside Intraday Target	373.06
Downside Intraday Target	368.22
Upside Intraday Target	386.73
Upside Intraday Target	395.56
Upside Intraday Target	381.89

Weekly technical analysis of Erie Indemnity (ERIE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	377.89	387.90	390.73	377.06	0.359 times
23 Thu May 2024	382.97	395.52	398.66	381.29	0.644 times
17 Fri May 2024	396.81	406.86	409.45	392.94	1.092 times
10 Fri May 2024	406.57	392.75	411.72	392.75	0.826 times
03 Fri May 2024	390.01	381.71	390.40	376.80	1.303 times

Price has moved down 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
28 Tue May 2024	377.89	380.89	411.72	377.06	0.815 times
30 Tue Apr 2024	382.66	403.71	405.37	371.31	0.6 times
28 Thu Mar 2024	401.57	407.86	420.34	394.79	1.039 times
29 Thu Feb 2024	406.88	343.63	414.91	337.58	0.728 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Erie Indemnity ( (ERIE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Erie Indemnity ( (ERIE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Erie Indemnity stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Erie Indemnity in short term and the sell signal is strong.

Erie Indemnity Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Erie Indemnity in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 392.17 and Erie Indemnity (ERIE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.