QBE 0.87% $17.39 qbe insurance group limited

Below is a weekly chart of QBE Insurance Group Ltd (QBE). SP...

  1. 601 Posts.
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    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.

    20160526_qbeW.jpg
 
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Last
$17.39
Change
0.150(0.87%)
Mkt cap ! $26.12B
Open High Low Value Volume
$17.36 $17.65 $17.25 $68.31M 3.923M

Buyers (Bids)

No. Vol. Price($)
2 21665 $17.38
 

Sellers (Offers)

Price($) Vol. No.
$17.39 159691 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
QBE (ASX) Chart
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