ERIE Technical Signal Analysis
ERIE have 3 buy signals and 2 sell signals now. The current trend is downtrend starting from 2025-03-03. The total price change during this trend is -6.99%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ERIE over last 5 trading day is $49,404,163.62
3 Bullish Signal
2 Bearish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
28.95
Bullish
Momentum (10 days)
MOM_10 > 0
13.29
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
9.38
Bullish
Name
Signal
Value
Meaning
Closing price
close < fibonacci_S1
418.27
Bearish
Moving Average
5-day SMA crosses below 10-day SMA
--
Bearish
3 Bullish Signal
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
28.95
Bullish
Momentum (10 days)
MOM_10 > 0
13.29
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
9.38
Bullish
ERIE Support and Resistance Level
The support levels for ERIE are at 418.59, 407.88, and 390.54, while the resistance levels are at 453.27, 463.98, and 481.32. With the current stock price at 418.27, it is leaning more toward the support levels.
ERIE Technical Analysis
Technical Analysis of ERIE Stock
Current Price and Trend:
- Current Price: 446.87
- Price Trend: ERIE is currently trading near its recent highs, showing a bullish trend but with signs of potential overbought conditions.
Key Technical Indicators:
- RSI (14): 67.56 (Bullish, but approaching overbought territory).
- Stochastic Oscillator (14,3,3): K=90.45, D=88.77 (Overbought, potential pullback).
- MACD (12,26,9): 12.15 (Bullish crossover with weakening momentum).
Support and Resistance Levels:
- Fibonacci Pivot: 421.42
- Fibonacci R1: 448.67
- Fibonacci S1: 394.18
- Bollinger Bands: 20-period MA=408.99, Upper=481.44, Lower=336.53.
Price Action:
- Recent High: 454.835
- Recent Low: 445.545
- The stock is consolidating between these levels, indicating a potential breakout or breakdown.
Recommendation:
- Price: 446.87
- Action: Sell at current levels, as overbought conditions suggest a short-term pullback. Consider buying on dips around 440-445 for a bullish continuation.
ERIE FAQs
Which bull technical signals does ERIE have?
Which bearish technical signals does ERIE have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for ERIE stock?
Is ERIE a buy based on overall technical signals summary?
ERIE Buy or Sell
ERIE has 3 buy signals and 2 sell signals now. Overall the technical rating for ERIE is Neutral.
Neutral
Sell
2
Buy
3
ERIE Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 418.27 below the SMA_5. In the short term, the stock shows a positive trend with the 435.63 above the SMA_20. In the mid term, the stock shows a positive trend with the 415.87 above the SMA_60. In the long term, the stock shows a negative trend with the 408.27 below the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
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What do technical indicators suggest about ERIE's current trend?What are ERIE's key support and resistance levels?