Below is a weekly chart of QBE Insurance Group Ltd (QBE).
SP continued its rally today since a breakout above resistance at $11.85 - $12.00 with conviction. Next area for resistance is the $12.75 - $12.90 region near the 61.8Fib retracement.
MACD recently formed a bullish up-cross during early-Q2 since with an expanding +ve histogram. Histogram is at its highest level (0.174) and rising since 1Q15. A bullish signal.
Stochastics has recently formed higher-lows since becoming oversold at the end of Q1. Stochastics %K is currently at 44.99 and rising which is also its highest level and rising since 1Q15 before a good rally ensued. These are all bullish signals.
IMO bullish over the next 6 - 12mths. DYOR.
QBE Price Action
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 (20min delay)
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Last
$17.33 |
Change
-0.110(0.63%) |
Mkt cap ! $26.03B | |||
| Open | High | Low | Value | Volume |
| $17.35 | $17.48 | $17.24 | $43.21M | 2.492M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6779 | $17.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.36 | 8096 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$17.34 |
Change
-0.110 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $17.27 | $17.48 | $17.25 | 1142388 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| QBE (ASX) Chart |