Ran a quantitative model against QBE today to map the risk present below price action for anyone, like me who is considering allocating into this name for a swing position in my portfolio.
Seems $9.35 is the line in the sand from a numbers perspective and this is solidified by the precision of the price hit in the $10-$10.25 area at the recent lows which corresponds exactly with two key support levels from a quantitative perspective. This suggests that the model is seeing what the numbers guys in some of the big funds are seeing which means there is a chance to trade with their flows if things go to plan.
Bullish from $9.35-$11.50 and will be scaling into that range on retests.
Target is $16.00 within 12 months.
- Forums
- ASX - By Stock
- QBE
- quant map of risk for swing longs
quant map of risk for swing longs
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QBE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$16.39 |
Change
0.110(0.68%) |
Mkt cap ! $24.67B |
Open | High | Low | Value | Volume |
$16.11 | $16.47 | $16.07 | $55.25M | 3.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 14975 | $16.36 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.40 | 5185 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 14975 | 16.360 |
1 | 13647 | 16.350 |
1 | 13647 | 16.340 |
2 | 39851 | 16.330 |
1 | 5775 | 16.320 |
Price($) | Vol. | No. |
---|---|---|
16.400 | 5185 | 1 |
16.420 | 105288 | 3 |
16.430 | 7777 | 1 |
16.440 | 13647 | 2 |
16.450 | 20160 | 4 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
QBE (ASX) Chart |