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29.5% Return Seen to Date on SmarTrend Erie Indemnity-A Call (ERIE)

By James Quinn

SmarTrend identified a Downtrend for Erie Indemnity-A (NASDAQ:ERIE) on July 29th, 2019 at $232.05. In approximately 7 months, Erie Indemnity-A has returned 29.52% as of today's recent price of $163.56.

In the past 52 weeks, Erie Indemnity-A share prices have been bracketed by a low of $98.36 and a high of $176.35 and are now at $163.56, 66% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.5%.

Erie Indemnity Company is the management company for the Erie Insurance Exchange. The Company is also involved in the property and casualty insurance business through its wholly-owned subsidiaries and through its management of Flagship City Insurance Company. Erie Indemnity sells auto, home, life and business insurance in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Erie Indemnity-A.

Log in and add Erie Indemnity-A (ERIE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights erie indemnity-a

Ticker(s): ERIE