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QBIEY Stock Forecast & QBE Insurance Group Chart Analysis

This article provides a detailed analysis of QBIEY-QBE Insurance Group stock including a forecast for QBIEY 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.

QBIEY Historical Data Review

QBIEY Current Price Performance Analysis

The QBE Insurance Group - QBIEY stock traded on the American stock market, on 06-05-2024, closed at 12.47$ with a %2.63 increased compared to the previous day.

In the last month, the price of QBIEY changed by %9.10 increased in value, from 11.43 dollars on 05-06-2024 to 12.47 dollars, increased.

Last year, the price of QBIEY was 10.01 dollars on 06-06-2023, and changed by %24.58 increased in value, to 12.47 dollars increased within a year.

The price of QBE Insurance Group stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.

QBIEY with AI Stock Forecast & Price Target

QBIEY stock forecast QBE Insurance Group price target

On the QBIEY chart QBE Insurance Group price was recorded as 12.47 Dollars on 06/05/2024.

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

The artificial intelligence's prediction error margin for QBIEY 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: 12.4 Dollars.

The commentary on QBIEY stock Target Price: Highest: 13.208 Dollars is predicted.

The commentary on QBIEY stock Target Price: Lowest: 11.547 Dollars is predicted.

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

Date Price Prediction
06-25-2024 12.730
10-08-2024 12.770
12-12-2024 13.208
04-11-2025 12.468

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

Date Price Prediction
08-14-2024 11.919
11-07-2024 12.288
02-05-2025 11.547

The commentary on QBIEY 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 13.089 Dollars.

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

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

QBIEY Support & Resistance and Trend Analysis

QBIEY review QBE Insurance Group technical analysis trend chart QBIEY priceQBIEY stock support and resistance price chart

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

QBIEY : Targeting Support and Resistance Price Levels

According to the algorithmic analysis results related to the QBIEY 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:

QBIEY Support Level Price QBIEY Resistance Level Price
9.12 10.19
9.56 10.35
9.59 10.53
10.10 10.73
10.99 11.56
11.15 11.81
11.29 11.91
11.34 12.23
11.51 12.29

QBIEY Technical Analysis: SMA, RSI, MACD

QBIEY review QBE Insurance Group SMA chart analysis QBIEY priceQBIEY buy or sell review QBE Insurance Group MACD chart analysis QBIEY price

Upon reviewing the QBIEY 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 QBIEY stock are as follows:
  1. The technical analysis for QBIEY indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
  2. The technical analysis for QBE Insurance Group issued a 'Buy' signal when the MACD was at 0.109, with the current MACD value being: 0.163

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 UPM-Kymmene Oyj stock.

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