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Stock Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

Erie Indemnity Company - Class A (NASDAQ:ERIE)

Countertrend Down (-85) - ERIE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ERIE?

MarketClub looks at technical strength and momentum to determine if the timing is right for ERIE.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ERIE
Open High Low ERIE Price Change
357.33 361.44 352.95 358.72 +5.30
Entry Signal

MarketClub’s Trade Triangles for ERIE

long term down The long-term trend has been DOWN since Jun 4th, 2024 at 361.1700

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 380.9500

short term up The short-term trend has been UP since Jun 18th, 2024 at 357.5259

Smart Scan Analysis for ERIE

Based on our trend formula, ERIE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ERIE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
357.33 361.44 352.95 358.72 +5.30
Prev. Close Volume Bid Ask Time
359.01 54785 2024-06-21 15:57:17
Year High147.17Year High Date2018-11-09
Year Low106.625Year Low Date2018-02-06
52wk High420.3452wk High Date2024-03-07
52wk Low199.4952wk Low Date2023-07-13
Year End Close69.22Average Volume70,177
Shares Outstanding46,192Short Interest201,643
% Institutional25.3Market Cap10,758M
Assets255,579,400MLiabilities829,614,000M
P/E Ratio21.2251Beta0.48
Volatility18.01
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