ERIE

Erie IndemnityFinancials

$249.51+1.02%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$249.51

FEBMARAPR

Profit from Descending Triangle?

A clean Descending Triangle often precedes a big move. Validate your entry.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:2.42

Entry

$233.82

Stop

$252.67

Target

$188.17

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Rectangle

Sideways movement between parallel supports.

Market Analysis

ERIE is showing interesting structural developments at $249.51. Price has moved to $249.51 (1.02%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $233.82, targeting $188.17 with support near $252.67 (R:R 2.42).

Community Sentiment

What is your outlook on ERIE?

Explore Related Markets

Peer Analysis

Axp Rectangle Ben Descending Triangle Ibkr Rectangle Cof Descending Triangle Met Descending Triangle

Pattern Peers

Ndsn Descending Triangle Nsc Descending Triangle Swk Descending Triangle Asml Descending Triangle Gm Descending Triangle