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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 QVE.AX
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QV Equities Limited stock price down 0% on Monday
(Updated on Jun 17, 2024)

Sell candidate since Jun 11, 2024 Loss -1.06% PDF

No changes to the price of QV Equities Limited stock on the last trading day (Monday, 17th Jun 2024). During the last trading day the stock fluctuated 0.538% from a day low at $0.93 to a day high of $0.94. The price has been going up and down for this period, and there has been a -1.59% loss for the last 2 weeks.

The stock lies in the lower of a narrow and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.93 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -3.68% during the next 3 months and, with a 90% probability hold a price between $0.90 and $0.94 at the end of this 3-month period.

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QVE.AX Signals & Forecast

A buy signal was issued from a pivot bottom point on Friday, June 14, 2024, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Volume gained on the last day while the price remained unchanged. This is not a classical divergence, but the stock should be watched more closely at it may be a "turning point". Some negative signals were issued as well, and these may have some influence on the near short-term development. The QV Equities Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.94 and $0.96. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for QV Equities Limited stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0050 between high and low, or 0.538%. For the last week the stock has had daily average volatility of 0.795%.

QV Equities Limited is oversold on RSI14 (23). Some stocks may drop long and hard while being oversold on RSI before turning, which increases the general risk.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (QVE.AX) For The Upcoming Trading Day Of Tuesday 18th

For the upcoming trading day on Tuesday, 18th we expect QV Equities Limited to open at $0.93, and during the day (based on 14 day Average True Range), to move between $0.92 and $0.94, which gives a possible trading interval of +/-$0.0073 (+/-0.78%) up or down from last closing price. If QV Equities Limited takes out the full calculated possible swing range there will be an estimated 1.57% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.95, some $0.0200 (2.15%) from the current price of $0.93, our system finds the risk reward not very attractive.

Is QV Equities Limited stock A Buy?

QV Equities Limited holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.267 Sell Candidate Unchanged

Predicted Opening Price for QV Equities Limited of Tuesday, June 18, 2024

Fair opening price June 18, 2024 Current price
$0.93 ( 0.179%) $0.93

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

Trading levels for QVE.AX

Fibonacci Support & Resistance Levels

Level Price
R3 0.94 0.717%
R2 0.93 0.511%
R1 0.93 0.385%
Price 0.93
S1 0.93 -0.0262%
S2 0.93 -0.153%
S3 0.93 -0.358%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0.98 5.38%
R2 0.98 4.84%
R1 0.95 2.15%
Price 0.93
S1 0 -
S2 0 -
S3 0 -

QVE Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 May 14, 2024 May 14, 2024 May 31, 2024 $0.0130 1.38%
2 Feb 13, 2024 Feb 13, 2024 Mar 01, 2024 $0.0130 1.40%
3 Nov 30, 2023 Nov 30, 2023 Nov 30, 2023 $0.0130 1.50%
4 Nov 14, 2023 Nov 14, 2023 Nov 14, 2023 $0.0130 1.50%
5 Aug 31, 2023 Aug 31, 2023 Aug 31, 2023 $0.0130 1.44%

FAQ

What is the symbol for QV Equities Limited Stock and on which exchange is it traded?
The symbol for QV Equities Limited is QVE.AX and it is traded on the ASX (Australian Securities Exchange).

Should I buy or sell QV Equities Limited Stock?
QV Equities Limited holds several negative signals and is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy QV Equities Limited Stock?
QV Equities 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 QV Equities Limited Stock.

What's the current price of QV Equities Limited Stock?
As of the end of day on the Jun 17, 2024, the price of an QV Equities Limited (QVE.AX) share was $0.93.

What is the 52-week high and low for QV Equities Limited Stock?
The 52-week high for QV Equities Limited Stock is $1.01 and the 52-week low is $0.85.

What is the market capitalization of QV Equities Limited Stock?
As of the Jun 17, 2024, the market capitalization of QV Equities Limited is 211.494M.

When is the next earnings date for QV Equities Limited?
The upcoming earnings date for QV Equities Limited is Aug 14, 2024.
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About QV Equities Limited

QV Equities Limited QV Equities Limited is a listed investment company launched and managed by Investors Mutual Limited. The firm invests in the public equity markets of Australia. It invests primarily in entities outside of the S&P/ASX 20 Index. The firm invests in the value stocks. It employs a bottom up research to create its portfolio. QV Equities Limited is based in Australia.... QVE.AX Profile

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