ERIE

Erie IndemnityFinancials

$223.55+4.21%

Double Bottom Falling Wedge Rounding Bottom

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$223.55

MAYJUNJUL

Profit from Double Bottom?

A clean Double Bottom often precedes a big move. Validate your entry.

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Quick Actions

Trade Plan: Double Bottom

Risk/Reward

1:2

Entry

$262.70

Stop

$234.17

Target

$319.76

Chart Pattern

Double Bottom

Reversal pattern after a downtrend.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Rounding Bottom

Gradual reversal from bearish to bullish.

Market Analysis

ERIE is showing interesting structural developments at $223.55. Price has moved to $223.55 (4.21%) amidst recent volatility. Price action has carved out a classic Double Bottom. Volume is average (0.69x avg) with moderate trend strength (31.8). A potential breakout level is identified at $262.7, targeting $319.76 with support near $234.17 (R:R 2.0).

Community Sentiment

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