Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of QRTEP will decline by -26.72% over the next 2 Weeks and hit $29.25 by Friday, November 24, 2023. In that time frame, QRTEP's share price is expected to range between $25.59 and $32.58.
BearishAverageBullishQRTEP shares rose +1.04% in Friday, February 21, 2025's trading session, rising from a previous close of $39.50 to move at $39.91. The stock demonstrated notable intraday movement (see QRTEP's key stats for a full breakdown), fluctuating between $39.22 and $39.95, a +1.86% trading range. While recent weeks have seen some volatility, QRTEP has managed to secure a +10.95% gain over the past 2 weeks. The upward price movement was accompanied by decreased trading volume, with approximately 34.71K shares changing hands, 3.99K fewer than the previous session. This amounted to $1.39M in total market activity.
Will QRTEP Continue Its Downward Trend?
According to analyst ratings and projections for QRTEP, Qurate Retail, Inc. shares are anticipated to decrease by -21.00%, potentially reaching $32.98 per share by November 24, 2023. Short-term technical indicators currently suggest a bearish sentiment for QRTEP. However, the stock has recorded 16 positive trading days within the past 30 sessions. Based on the QRTEP stock forecast, now is not the best time to buy QRTEP stock because its current trading price is +36.45% above our predicted value, hinting at a possible undervaluation. For deeper insights, view our sentiment analysis on QRTEP covering social and institutional perspectives.
QRTEP Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into QRTEP's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 24.81% to 31.55%) suggest the stock is experiencing strong bearish momentum. The 50-day RSI, at 38.95%, hints at potential weakness developing in the medium term. Additionally, the 100-day RSI, at 43.09%, maintains a neutral outlook for the long term. Insights into QRTEP's shareholder base show how institutional investors are positioning themselves during these momentum shifts

