US stock / ETF

Erie Indemnity Company

ERIE · NASDAQ · USD

4 hoursBullish83%
4h Upside probability 83%Bullish

ERIE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $205.24 and reclaim $238.9.

Invalidation Trigger

Lose $205.24 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 64.9, MACD 1.730

4h
Volatility EnvironmentRange
Low volatility

ATR is $3.85 (1.61%)

4h

EMA Structure

Bullish
EMA 8$231.41Bullish
EMA 21$226.95Bullish
EMA 50$224.98Bullish

Signals

CategoryReadStrength
Momentum
RSI 64.9 · MACD 1.730

Momentum is strong

Strength
Bullish
Volatility
ATR $3.85 · BB 11.21%

Low volatility

Strength
Range
Volume
MFI 50.2 · OBV -8.57%

Relative to 20-period average volume

Strength
Range
Price Levels
$205.24 - $238.9

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.69% · 1.0 ATR above latest close

$242.75
Nearest resistance

+0.08% · 0.0 ATR above · 34-bar high

$238.9
Current price

Price shown is delayed

$238.72
Nearest support

-14.02% · 8.7 ATR below · 34-bar low

$205.24
Deeper support zone

-15.64% · 9.7 ATR below latest close

$201.39
ATR zone

Latest close ± ATR14

$234.87 - $242.57

Indicators

Trend

Dow Theory Structure

Confirmation $211.55, invalidation $226.96

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

Trend strength is active

22.9 / 45.0 / 37.2Bullish
Supertrend (10,3)

Price is above Supertrend

$225.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.23 / $222.07Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Volatility

ATR (14)

Low volatility

$3.85 (1.61%)Range
Bollinger Bands (20,2)

Width 11.21%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.81 / $218.46Range
ATR channel lower / upper

Current Volatility Envelope

$234.87 / $242.57Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.9Range
Support

Nearest Downside Decision Level

$205.24Range

Momentum

RSI (14)

Momentum is strong

64.9Bullish
MACD (12,26,9)

Histogram is positive

1.730Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.3 / 96.6Bullish
Williams %R (14)

Overbought zone

-0.7Bearish
CCI (20)

Strong expansion

176.1Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-8.57%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Trend

Dow Theory Structure

Confirmation $211.55, invalidation $226.96

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

Trend strength is active

22.9 / 45.0 / 37.2Bullish
Supertrend (10,3)

Price is above Supertrend

$225.28Bullish
Ichimoku Cloud

Cloud Span A / Span B

$225.23 / $222.07Bullish
Donchian Channel (20)

20-period breakout channel position

99%Bullish

Momentum

RSI (14)

Momentum is strong

64.9Bullish
MACD (12,26,9)

Histogram is positive

1.730Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

99.3 / 96.6Bullish
Williams %R (14)

Overbought zone

-0.7Bearish
CCI (20)

Strong expansion

176.1Bullish
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$3.85 (1.61%)Range
Bollinger Bands (20,2)

Width 11.21%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$235.81 / $218.46Range
ATR channel lower / upper

Current Volatility Envelope

$234.87 / $242.57Range

Volume / Money Flow

MFI (14)

Money flow is neutral

50.2Range
OBV slope

20-period OBV slope

-8.57%Bearish
Volume ratio

Relative to 20-period average volume

0.33xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$238.9Range
Support

Nearest Downside Decision Level

$205.24Range

Related Forecasts