US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

1 weekBearish77%
Weekly Downside probability 77%Bearish

ERIE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $240.38 and stabilize above resistance $287.91.

Invalidation Trigger

Break above $287.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 40.6, MACD -0.916

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $19.81 (8.87%)

Weekly

EMA Structure

Bearish
EMA 8$234.16Bearish
EMA 21$240.38Bearish
EMA 50$261.57Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.6 · MACD -0.916

Momentum is weak

Strength
Bearish
Volatility
ATR $19.81 · BB 26.23%

High volatility

Strength
Bearish
Volume
MFI 51.3 · OBV -189.05%

Relative to 20-period average volume

Strength
Range
Price Levels
$204.63 - $287.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+37.85% · 4.3 ATR above latest close

$307.72
Nearest resistance

+28.98% · 3.3 ATR above · 34-bar high

$287.91
Current price

Price shown is delayed

$223.22
Nearest support

-8.33% · 0.9 ATR below · 34-bar low

$204.63
Deeper support zone

-17.2% · 1.9 ATR below latest close

$184.82
ATR zone

Latest close ± ATR14

$203.41 - $243.03

Indicators

Trend

Dow Theory Structure

Confirmation $270.47, invalidation $205.64

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.3 / 17.4 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$166.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.5 / $267.58Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Volatility

ATR (14)

High volatility

$19.81 (8.87%)Bearish
Bollinger Bands (20,2)

Width 26.23%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$272.97 / $206.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$203.41 / $243.03Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$287.91Range
Support

Nearest Downside Decision Level

$204.63Range

Momentum

RSI (14)

Momentum is weak

40.6Bearish
MACD (12,26,9)

Histogram is negative

-0.916Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 25.8Bullish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-90.8Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-189.05%Bearish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Trend

Dow Theory Structure

Confirmation $270.47, invalidation $205.64

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

18.3 / 17.4 / 31.7Bearish
Supertrend (10,3)

Price is above Supertrend

$166.35Bullish
Ichimoku Cloud

Cloud Span A / Span B

$238.5 / $267.58Bearish
Donchian Channel (20)

20-period breakout channel position

28%Bearish

Momentum

RSI (14)

Momentum is weak

40.6Bearish
MACD (12,26,9)

Histogram is negative

-0.916Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

27.1 / 25.8Bullish
Williams %R (14)

Neutral zone

-72.9Range
CCI (20)

Balanced zone

-90.8Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

High volatility

$19.81 (8.87%)Bearish
Bollinger Bands (20,2)

Width 26.23%

26%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$272.97 / $206.87Bearish
ATR channel lower / upper

Current Volatility Envelope

$203.41 / $243.03Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-189.05%Bearish
Volume ratio

Relative to 20-period average volume

0.21xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$287.91Range
Support

Nearest Downside Decision Level

$204.63Range

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