ERIE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 42 cases where ERIE's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ERIE's RSI Indicator exited the oversold zone, of 28 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on ERIE as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for ERIE just turned positive on December 13, 2024. Looking at past instances where ERIE's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ERIE advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 55 cases where ERIE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The 50-day moving average for ERIE moved below the 200-day moving average on January 02, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where ERIE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 58, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. ERIE’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (12.642) is normal, around the industry mean (72.373). ERIE has a moderately high P/E Ratio (47.115) as compared to the industry average of (27.283). Projected Growth (PEG Ratio) (2.672) is also within normal values, averaging (2.037). Dividend Yield (0.012) settles around the average of (0.019) among similar stocks. ERIE's P/S Ratio (6.353) is slightly higher than the industry average of (2.749).
a provider of insurance services
Industry InsuranceBrokersServices
A.I.dvisor indicates that over the last year, ERIE has been loosely correlated with BRO. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if ERIE jumps, then BRO could also see price increases.
Ticker / NAME | Correlation To ERIE | 1D Price Change % | ||
---|---|---|---|---|
ERIE | 100% | +1.27% | ||
BRO - ERIE | 35% Loosely correlated | +1.04% | ||
AJG - ERIE | 33% Poorly correlated | +1.63% | ||
CRVL - ERIE | 32% Poorly correlated | +1.43% | ||
MMC - ERIE | 30% Poorly correlated | -0.03% | ||
AON - ERIE | 23% Poorly correlated | -0.28% | ||
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