US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

1 hourBearish67%
1h Downside probability 67%Bearish

ERIE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $248.15 and stabilize above resistance $254.

Invalidation Trigger

Break above $254 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 42.4, MACD -0.842

1h
Volatility EnvironmentBullish
Low volatility

ATR is $1.59 (0.65%)

1h

EMA Structure

Range
EMA 8$246.72Bearish
EMA 21$248.15Bearish
EMA 50$248.06Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.4 · MACD -0.842

Momentum is weak

Strength
Bearish
Volatility
ATR $1.59 · BB 4.06%

Low volatility

Strength
Bullish
Volume
MFI 51.8 · OBV -0.02%

Relative to 20-period average volume

Strength
Range
Price Levels
$241.62 - $254

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+4.08% · 6.3 ATR above latest close

$255.59
Nearest resistance

+3.43% · 5.3 ATR above · 34-bar high

$254
Current price

Price shown is delayed

$245.58
Nearest support

-1.61% · 2.5 ATR below · 34-bar low

$241.62
Deeper support zone

-2.26% · 3.5 ATR below latest close

$240.03
ATR zone

Latest close ± ATR14

$243.99 - $247.17

Indicators

Trend

Dow Theory Structure

Confirmation $245.6, invalidation $251.19

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

51.5 / 11.0 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$240.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.94 / $246.01Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Volatility

ATR (14)

Low volatility

$1.59 (0.65%)Bullish
Bollinger Bands (20,2)

Width 4.06%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$251.53 / $244.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$243.99 / $247.17Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$254Range
Support

Nearest Downside Decision Level

$241.62Range

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.842Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 17.5Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Weak expansion

-118.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-0.02%Bearish
Volume ratio

Relative to 20-period average volume

7.67xBullish

Trend

Dow Theory Structure

Confirmation $245.6, invalidation $251.19

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

51.5 / 11.0 / 40.3Bearish
Supertrend (10,3)

Price is above Supertrend

$240.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$247.94 / $246.01Bearish
Donchian Channel (20)

20-period breakout channel position

20%Range

Momentum

RSI (14)

Momentum is weak

42.4Bearish
MACD (12,26,9)

Histogram is negative

-0.842Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.6 / 17.5Bullish
Williams %R (14)

Neutral zone

-73.4Range
CCI (20)

Weak expansion

-118.7Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Low volatility

$1.59 (0.65%)Bullish
Bollinger Bands (20,2)

Width 4.06%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$251.53 / $244.71Bullish
ATR channel lower / upper

Current Volatility Envelope

$243.99 / $247.17Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.8Range
OBV slope

20-period OBV slope

-0.02%Bearish
Volume ratio

Relative to 20-period average volume

7.67xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$254Range
Support

Nearest Downside Decision Level

$241.62Range

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