Erie Indemnity Company (ERIE)

Erie Indemnity Company is trading at $258.46, up 4.32% on the session. The 50 day average sits at $235.33 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 59.3, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $210.78 with resistance near $258.05, so that band frames the current range. Average daily movement is roughly $10.32, or about 4.0% of the share price, which is what any stop placement has to allow for. The overall health score of 62 out of 100 combines a trend score of 72, momentum of 79 and a risk score of 24.

Erie Indemnity Company operates as a managing attorney-in-fact for the subscribers at the Erie Insurance Exchange in the United States. It provides issuance and renewal services; sales related services, including agent compensation and sales and advertising support services; underwriting services that include underwriting and policy processing; and other services consist of customer services and administrative support services, as well as information technology services. The company was incorporated in 1925 and is based in Erie, Pennsylvania.