Disclaimer Statement

Updated:

Author: Engineer USC

QBEIF Stock Forecast & QBE Insurance Group Chart Analysis

This article provides a detailed analysis of QBEIF-QBE Insurance Group stock including a forecast for QBEIF shares. It features QBE Insurance Group Limited technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions

Stocks can be purchased through banks, brokerage firms, investment funds, and individual retirement systems.

QBEIF Historical Data Review

QBEIF Current Price Performance Analysis

The QBE Insurance Group - QBEIF stock traded on the American stock market, on 06-05-2024, closed at 11.7$ with no change compared to the previous day.

In the last month, the price of QBEIF changed by %-3.62 decreased in value, from 12.14 dollars on 05-06-2024 to 11.7 dollars, decreased.

Last year, the price of QBEIF was 9.64 dollars on 06-06-2023, and changed by %21.37 increased in value, to 11.7 dollars increased within a year.

The price of QBE Insurance Group stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.

QBEIF with AI Stock Forecast & Price Target

QBEIF stock forecast QBE Insurance Group price target

On the QBEIF chart QBE Insurance Group price was recorded as 11.7 Dollars on 06/05/2024.

The artificial intelligence's forecast on QBEIF stock is as follows.

The artificial intelligence's prediction error margin for QBEIF stock is very high.

There are two types of risk factors in the artificial intelligence's targets: timing and target prices.

For example, the target price for one month later may be realized three months later. But there is no guarantee of this.

The average predicted price for QBE Insurance Group stock over the next 4 months is: 12.8 Dollars.

The commentary on QBEIF stock Target Price: Highest: 13.514 Dollars is predicted.

The commentary on QBEIF stock Target Price: Lowest: 11.562 Dollars is predicted.

Resistance Price where QBE Insurance Group stock will Rise and Fall:

Date Price Prediction
07-05-2024 13.404
10-08-2024 13.275
12-12-2024 13.514
04-11-2025 12.839

Support Price where QBE Insurance Group stock will Fall and Rise:

Date Price Prediction
09-03-2024 12.462
11-07-2024 12.833
02-20-2025 11.562

The commentary on QBEIF stock: Fluctuations in the target price can be expected in the coming days.

The target price for QBE Insurance Group stock by the end of 2024 is predicted to be 13.292 Dollars.

The price prediction graph prepared with the help of artificial intelligence, the commentary on QBEIF stock, and the 2024 target price predictions for QBE Insurance Group are detailed above.

The technical analysis and charts for the commentary on QBEIF stock are below.

QBEIF Support & Resistance and Trend Analysis

QBEIF review QBE Insurance Group technical analysis trend chart QBEIF priceQBEIF stock support and resistance price chart

QBEIF stock you have reviewed the technical analysis support resistance charts regarding.

QBEIF : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the QBEIF review, the QBE Insurance Group support and resistance prices are as follows.

Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.

QBE Insurance Group Support and Resistance Prices:

QBEIF Support Level Price QBEIF Resistance Level Price
9.08 10.6
11.1

QBEIF Technical Analysis: SMA, RSI, MACD

QBEIF review QBE Insurance Group SMA chart analysis QBEIF priceQBEIF buy or sell review QBE Insurance Group MACD chart analysis QBEIF price

Upon reviewing the QBEIF chart, buy and sell signals have been generated in the QBE Insurance Group technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.

However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.

On The technical analysis chart and stock comments for QBEIF stock are as follows:
  1. The technical analysis for QBE Insurance Group indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.

Basic Technical Analysis Tips for Financial Markets

  • Moving averages may not yield reliable results in stagnant, sideways markets.
  • According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
  • An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
  • During a strong upward trend, the RSI can rise above 70 and stay there.
  • No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
  • Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.

You have read the comments, technical analyses, target prices, and financial reports for QBE Insurance Group stock: Click here to read more predictions on Dassault Aviation société stock.

Click here for price target predictions and technical analysis charts of other American stocks