4.27%
0.91AUD
1.148BAUD
16.038BAUD
1.264B
About SUNCORP GROUP LIMITED
Sector
Industry
CEO
Steve Johnston
Website
Headquarters
Brisbane
Employees (FY)
13K
Founded
2010
ISIN
AU000000SUN6
Suncorp Group Ltd. is a financial services company engaged in the provision of banking, wealth, and insurance products and services. It operates through the following segments: Insurance, Banking and Wealth, Suncorp New Zealand, and Corporate. The Insurance segment includes design, manufacture and delivery of general and life insurance products and services. The Banking and Wealth segment consists of banking, financial planning, and superannuation and fund administration services. The Suncorp New Zealand segment includes general and life insurance products. The Corporate segment focuses on the investment of the Suncorp Group's capital, Suncorp Group business strategy activities including business combinations and divestments and Suncorp Group shared services. The company was founded in December 1996 and is headquartered in Brisbane, Australia.
SUN - Bullish Trade PlanAfter making a Higher High SUN had retraced lower to Support of $9.60, and have bounced off quite well. Price is above the 200SMA and 50SMA, indicating that its bullish. I think SUN should continue higher with targets as below:
TP1 - 10.70 (potential gain 4%)
TP2 - 10.96 (potential gain 6.5)
Stoplo
Possible short opportunity 2 x bearish divergence on RSI / MFI indicator 1 x on stochastic with likely 2nd , directional candles trending down
suncorp ..... typical trend and correction details on chart...
breakout of descending trend line can be ending correction ...
buy after breakout
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