US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

4 hoursBearish62%
4h Downside probability 62%Bearish

ERIE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $247.93 and stabilize above resistance $260.06.

Invalidation Trigger

Break above $260.06 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 44.8, MACD 0.086

4h
Volatility EnvironmentBullish
Low volatility

ATR is $2.72 (1.11%)

4h

EMA Structure

Bearish
EMA 8$247.63Bearish
EMA 21$247.93Bearish
EMA 50$249.91Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.8 · MACD 0.086

Momentum is weak

Strength
Bearish
Volatility
ATR $2.72 · BB 7.79%

Low volatility

Strength
Bullish
Volume
MFI 86.3 · OBV 17.94%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$235.95 - $260.06

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7% · 6.3 ATR above latest close

$262.78
Nearest resistance

+5.9% · 5.3 ATR above · 34-bar high

$260.06
Current price

Price shown is delayed

$245.58
Nearest support

-3.92% · 3.5 ATR below · 34-bar low

$235.95
Deeper support zone

-5.03% · 4.5 ATR below latest close

$233.23
ATR zone

Latest close ± ATR14

$242.86 - $248.3

Indicators

Trend

Dow Theory Structure

Confirmation $254, invalidation $247.57

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 29.4 / 35.1Bearish
Supertrend (10,3)

Price is above Supertrend

$238.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$246.85 / $251.48Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Volatility

ATR (14)

Low volatility

$2.72 (1.11%)Bullish
Bollinger Bands (20,2)

Width 7.79%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$252.71 / $243.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$242.86 / $248.3Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$260.06Range
Support

Nearest Downside Decision Level

$235.95Range

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is positive

0.086Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.4 / 40.9Bearish
Williams %R (14)

Neutral zone

-65.6Range
CCI (20)

Balanced zone

-16.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

17.94%Bullish
Volume ratio

Relative to 20-period average volume

3.04xBullish

Trend

Dow Theory Structure

Confirmation $254, invalidation $247.57

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

22.8 / 29.4 / 35.1Bearish
Supertrend (10,3)

Price is above Supertrend

$238.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$246.85 / $251.48Bearish
Donchian Channel (20)

20-period breakout channel position

47%Range

Momentum

RSI (14)

Momentum is weak

44.8Bearish
MACD (12,26,9)

Histogram is positive

0.086Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

34.4 / 40.9Bearish
Williams %R (14)

Neutral zone

-65.6Range
CCI (20)

Balanced zone

-16.1Range
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$2.72 (1.11%)Bullish
Bollinger Bands (20,2)

Width 7.79%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$252.71 / $243.05Bullish
ATR channel lower / upper

Current Volatility Envelope

$242.86 / $248.3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

86.3Bullish
OBV slope

20-period OBV slope

17.94%Bullish
Volume ratio

Relative to 20-period average volume

3.04xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$260.06Range
Support

Nearest Downside Decision Level

$235.95Range

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