RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of BOQ.AX
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Bank of Queensland Limited stock price ended at $6.32 on Thursday, after gaining 1.61%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 18, 2024 Gain 1.94% PDF

The Bank of Queensland Limited stock price gained 1.61% on the last trading day (Thursday, 28th Mar 2024), rising from $6.22 to $6.32. During the last trading day the stock fluctuated 1.77% from a day low at $6.21 to a day high of $6.32. The price has risen in 5 of the last 10 days and is up by 3.1% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 3 million shares were bought and sold for approximately $19.37 million.

The stock lies in the upper part of a weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $6.37 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 3.20% during the next 3 months and, with a 90% probability hold a price between $6.12 and $6.57 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

BOQ.AX Signals & Forecast

The Bank of Queensland Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $6.25 and $6.05. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, January 18, 2024, and so far it has risen 9.53%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star

The stock had a Golden Star Signal on Friday, March 01, 2024 in the short-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Bank of Queensland Limited stock

On the downside, the stock finds support just below today's level from accumulated volume at $5.96 and $5.93. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Bank of Queensland Limited finds support just below today's level at $5.96. If this is broken, then the next support from accumulated volume will be at $5.93 and $5.87.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $0.110 (1.77%) between high and low. For the last week, the stock has had daily average volatility of 1.39%.

Our recommended stop-loss: $6.08 (-3.84%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 49 days ago.)

Trading Expectations (BOQ.AX) For The Upcoming Trading Day Of Tuesday 2nd

For the upcoming trading day on Tuesday, 2nd we expect Bank of Queensland Limited to open at $6.28, and during the day (based on 14 day Average True Range), to move between $6.23 and $6.41, which gives a possible trading interval of +/-$0.0936 (+/-1.48%) up or down from last closing price. If Bank of Queensland Limited takes out the full calculated possible swing range there will be an estimated 2.96% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $5.96, some $0.360 (5.70%) from the current price of $6.32, our system finds the risk reward attractive.

Is Bank of Queensland Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Bank of Queensland Limited stock to perform well in the short-term.

Current score: 4.610 Buy Candidate Unchanged

Predicted Opening Price for Bank of Queensland Limited of Tuesday, April 2, 2024

Fair opening price April 2, 2024 Current price
$6.28 ( 0.580%) $6.32

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for BOQ.AX

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 6.39 1.16 %
R2 6.35 0.495 %
R1 6.33 0.0847 %
Current price: 6.32
Support S1 6.24 -1.25 %
S2 6.22 -1.66 %
S3 6.17 -2.32 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 6.32
Support S1 5.96 -5.70%
S2 5.93 -6.17%
S3 5.87 -7.12%

BOQ Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 26, 2023 Oct 26, 2023 Oct 26, 2023 $0 0%
2 May 10, 2023 May 10, 2023 May 10, 2023 $0.200 3.53%
3 Oct 27, 2022 Oct 27, 2022 Oct 27, 2022 $0.240 3.27%
4 May 04, 2022 May 04, 2022 May 04, 2022 $0.220 2.78%
5 Oct 28, 2021 Oct 28, 2021 Oct 28, 2021 $0.220 2.45%

FAQ

What is the symbol for Bank of Queensland Limited Stock and on which exchange is it traded?
The symbol for Bank of Queensland Limited is BOQ.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell Bank of Queensland Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Bank of Queensland Limited stock to perform well in the short-term.

How to buy Bank of Queensland Limited Stock?
Bank of Queensland Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Bank of Queensland Limited Stock.

What's the current price of Bank of Queensland Limited Stock?
As of the end of day on the 2024-03-28, the price of an Bank of Queensland Limited (BOQ.AX) share was $6.32.

What is the 52-week high and low for Bank of Queensland Limited Stock?
The 52-week high for Bank of Queensland Limited Stock is $6.65 and the 52-week low is $5.07.

What is the market capitalization of Bank of Queensland Limited Stock?
As of the 2024-03-28, the market capitalization of Bank of Queensland Limited is 4.149B.

When is the next earnings date for Bank of Queensland Limited?
The upcoming earnings date for Bank of Queensland Limited is Apr 17, 2024.
Click to get the best stock tips daily for free!

About Bank of Queensland Limited

Bank of Queensland Limited Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in Retail Banking, BOQ Business, and Other segments. It offers personal banking services comprises savings and term deposits, and transactional accounts; debit and credit cards; home, personal, and car loans; and travel, home and content, landlord, and car insurance, as well as investment services compris... BOQ.AX Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT