US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

ERIE 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $260.03 and stabilize above resistance $271.47.

Invalidation Trigger

Break above $271.47 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.4, MACD -0.722

4h
Volatility EnvironmentBullish
Low volatility

ATR is $3.61 (1.39%)

4h

EMA Structure

Range
EMA 8$259.16Bullish
EMA 21$260.03Bearish
EMA 50$256.93Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.4 · MACD -0.722

Neutral zone

Strength
Bearish
Volatility
ATR $3.61 · BB 6.34%

Low volatility

Strength
Bullish
Volume
MFI 48.4 · OBV 10.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$247.34 - $271.47

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.03% · 4.3 ATR above latest close

$275.08
Nearest resistance

+4.64% · 3.3 ATR above · 34-bar high

$271.47
Current price

Price shown is delayed

$259.44
Nearest support

-4.67% · 3.4 ATR below · 34-bar low

$247.34
Deeper support zone

-6.06% · 4.4 ATR below latest close

$243.72
ATR zone

Latest close ± ATR14

$255.83 - $263.05

Indicators

Trend

Dow Theory Structure

Confirmation $251.36, invalidation $260.75

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

Trend strength is active

32.7 / 19.1 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$249.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.03 / $259.4Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Volatility

ATR (14)

Low volatility

$3.61 (1.39%)Bullish
Bollinger Bands (20,2)

Width 6.34%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$266.6 / $253.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$255.83 / $263.05Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.47Range
Support

Nearest Downside Decision Level

$247.34Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-0.722Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.2 / 42.0Bearish
Williams %R (14)

Neutral zone

-59.8Range
CCI (20)

Balanced zone

-42.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

10.79%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Trend

Dow Theory Structure

Confirmation $251.36, invalidation $260.75

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

Trend strength is active

32.7 / 19.1 / 41.0Bearish
Supertrend (10,3)

Price is above Supertrend

$249.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$259.03 / $259.4Bullish
Donchian Channel (20)

20-period breakout channel position

40%Range

Momentum

RSI (14)

Neutral zone

49.4Range
MACD (12,26,9)

Histogram is negative

-0.722Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

40.2 / 42.0Bearish
Williams %R (14)

Neutral zone

-59.8Range
CCI (20)

Balanced zone

-42.0Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Low volatility

$3.61 (1.39%)Bullish
Bollinger Bands (20,2)

Width 6.34%

36%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$266.6 / $253.48Bullish
ATR channel lower / upper

Current Volatility Envelope

$255.83 / $263.05Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.4Range
OBV slope

20-period OBV slope

10.79%Bullish
Volume ratio

Relative to 20-period average volume

1.23xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$271.47Range
Support

Nearest Downside Decision Level

$247.34Range

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