ERIE Indemnity (ERIE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for ERIE · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$244.53last close · Aug 4, 202652-week range $204.63 – $380.67 · 35.76% below the high
Bullish Pennant · playing out now

ERIE just broke higher out of a bullish pennant — a brief, tidy pause inside a strong run. That's usually a breather before another push up.

On this chart, setups like it have followed through about 55% of the time.

As long as price stays above $209.4, the setup is intact — a daily close back below there is the cue to step away.

A natural first target sits near $276.3 — but moves like this often run further. The simple way to follow the rest is to stay with the 10-day average, and only step aside when a day closes below it.

ERIE Bullish Pennant Pattern

ERIE is currently forming a bullish pennant on the daily timeframe. Detected Aug 4, 2026.

DirectionBullishTarget$276.25Projected move+27.7%Breakout level$219.19

New to this pattern? What a bullish pennant is and how to trade it →

How Bullish Pennants Have Performed

Win rate
57.4%
Avg return
+0.99R
Backtested trades
2,605
ERIE win rate
60.0%

Historical pattern statistics (2006-08-15 – 2026-08-04), not a prediction.

How these backtests work →

ERIE Pattern Trade History

Every completed pattern trade our nightly backtest found on ERIE's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
TriangleApr 24, 2026 @ $243.19May 4, 2026 @ $213.62Win+2.06R
Falling WedgeDec 29, 2025 @ $286.07Jan 27, 2026 @ $272.50Loss-1.09R
Falling WedgeOct 7, 2025 @ $318.07Oct 29, 2025 @ $301.87Loss-1.44R
Falling WedgeJul 10, 2025 @ $345.72Aug 18, 2025 @ $359.74Win+1.05R
Falling WedgeMay 30, 2025 @ $356.61Jun 25, 2025 @ $341.30Loss-1.19R
TriangleFeb 28, 2025 @ $411.54Mar 12, 2025 @ $418.99Win+0.24R
Falling WedgeFeb 4, 2025 @ $404.65Mar 12, 2025 @ $418.99Win+0.38R
Falling WedgeJan 21, 2025 @ $383.46Feb 28, 2025 @ $428.07Loss-1.48R
TriangleJan 7, 2025 @ $402.90Feb 28, 2025 @ $428.07Loss-1.04R
TriangleDec 23, 2024 @ $418.40Jan 8, 2025 @ $401.35Loss-1.04R
Falling WedgeMar 9, 2023 @ $230.34Apr 27, 2023 @ $216.58Win+0.57R
Falling WedgeFeb 3, 2023 @ $245.28Feb 24, 2023 @ $235.65Loss-1.24R

ERIE Support and Resistance Levels

Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.

  • Much of the time charts simply drift between levels; the best reads are worth waiting for.
  • Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.

Nearest auto-detected support sits near $219.21, resistance near $251.15. These are chart/swing-derived levels, not formula pivots.

Resistance
$251.15$252.17$257.60$259.23$260.61$263.55
Support
$219.21$218.71$211.54$208.71$208.21

ERIE Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$232.93$244.70$230.25$244.53
Aug 3, 2026$246.26$254.58$236.55$236.86
Jul 31, 2026$240.54$247.12$232.36$242.04
Jul 30, 2026$240.46$243.10$230.00$233.67
Jul 29, 2026$240.35$248.55$235.65$248.55
Jul 28, 2026$233.82$245.68$233.82$242.43
Jul 27, 2026$224.13$231.56$224.06$228.26
Jul 24, 2026$217.03$223.55$216.53$223.55
Jul 23, 2026$210.68$214.85$209.38$214.52
Jul 22, 2026$216.13$216.13$209.68$210.86

ERIE Frequently Asked Questions

What chart pattern is ERIE forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a bullish pennant on ERIE Indemnity (ERIE) on the daily chart, with a measured-move target of $276.25.
Is a bullish pennant bullish or bearish?
The bullish pennant detected on ERIE is a bullish pattern, projecting a measured-move target of $276.25. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a bullish pennant pattern, and what is its win rate?
Across TradingPal's backtest of the bullish pennant family (2,605 trades over 631 symbols), it resolved in the expected direction 57.4% of the time with an average of +0.99R. These are historical statistics, not a prediction.
What are the support and resistance levels for ERIE?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), ERIE's nearest support is around $219.21 and nearest resistance around $251.15.
What is the price target if ERIE's pattern breaks out?
The detected bullish pennant has a geometry-based measured-move target of $276.25 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was ERIE's closing price on Aug 4, 2026?
ERIE Indemnity (ERIE) last closed at $244.53 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.