US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

1 monthBearish92%
Monthly Downside probability 92%Bearish

ERIE 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $293.62 and stabilize above resistance $547.

Invalidation Trigger

Break above $547 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Monthly
Momentum StateBearish
Momentum soft

RSI 41.4, MACD -9.959

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $37.92 (14.62%)

Monthly

EMA Structure

Bearish
EMA 8$255.22Bullish
EMA 21$293.62Bearish
EMA 50$297.01Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.4 · MACD -9.959

Momentum is weak

Strength
Bearish
Volatility
ATR $37.92 · BB 82.39%

High volatility

Strength
Bearish
Volume
MFI 37.1 · OBV -201.49%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$204.63 - $547

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+125.45% · 8.6 ATR above latest close

$584.92
Nearest resistance

+110.84% · 7.6 ATR above · 34-bar high

$547
Current price

Price shown is delayed

$259.44
Nearest support

-21.13% · 1.4 ATR below · 34-bar low

$204.63
Deeper support zone

-35.74% · 2.4 ATR below latest close

$166.71
ATR zone

Latest close ± ATR14

$221.52 - $297.36

Indicators

Trend

Dow Theory Structure

Confirmation $204.63, invalidation $380.67

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

Trend strength is active

54.2 / 9.3 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$141.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$314.35 / $352.73Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Volatility

ATR (14)

High volatility

$37.92 (14.62%)Bearish
Bollinger Bands (20,2)

Width 82.39%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.28 / $219.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$221.52 / $297.36Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$547Range
Support

Nearest Downside Decision Level

$204.63Range

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-9.959Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.1 / 24.1Bullish
Williams %R (14)

Neutral zone

-68.9Range
CCI (20)

Balanced zone

-67.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.1Bearish
OBV slope

20-period OBV slope

-201.49%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Trend

Dow Theory Structure

Confirmation $204.63, invalidation $380.67

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

Trend strength is active

54.2 / 9.3 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$141.7Bullish
Ichimoku Cloud

Cloud Span A / Span B

$314.35 / $352.73Bearish
Donchian Channel (20)

20-period breakout channel position

22%Bearish

Momentum

RSI (14)

Momentum is weak

41.4Bearish
MACD (12,26,9)

Histogram is negative

-9.959Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

31.1 / 24.1Bullish
Williams %R (14)

Neutral zone

-68.9Range
CCI (20)

Balanced zone

-67.7Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

High volatility

$37.92 (14.62%)Bearish
Bollinger Bands (20,2)

Width 82.39%

30%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$364.28 / $219.4Bearish
ATR channel lower / upper

Current Volatility Envelope

$221.52 / $297.36Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

37.1Bearish
OBV slope

20-period OBV slope

-201.49%Bearish
Volume ratio

Relative to 20-period average volume

0.99xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$547Range
Support

Nearest Downside Decision Level

$204.63Range

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