Is Erie Indemnity Co. technically bullish or bearish?

Jun 25 2025 08:07 AM IST
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As of May 19, 2025, the market trend has shifted to a moderate bearish stance, driven by bearish signals from the MACD, moving averages, and Bollinger Bands, despite a mildly bullish monthly OBV.
As of 19 May 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily timeframe, and a bearish reading from the Bollinger Bands on both weekly and monthly charts. The KST is also bearish on the weekly timeframe. Although the monthly OBV shows a mildly bullish trend, it is outweighed by the overall bearish signals present in the other indicators.
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