Back to top

Tale of the Tape

Zacks Equity Research

Erie Indemnity Company (ERIE) Moving Average Crossover Spotted
October 17, 2013

ERIE

Trades from $3
Erie Indemnity Company (ERIE - Free Report) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for ERIE broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 4.03% in the past four weeks. Plus, the company currently has a Zacks Rank #4 (Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

ERIE INDEMNITY (ERIE) - free report >>