Current trend analysis of the Uniqa Insurance share in euros: Short-term GD-20 downward trend confirmed; Downside potential of 2.84%.

Current trend analysis of the Uniqa Insurance share in euros: Short-term GD-20 downward trend confirmed; Downside potential of 2.84%.

According to a report by www.boerse.de,

Uniqa Insurance shares are now in short-term, medium-term and long-term downtrends as the price crossed the 20-day line yesterday. The trend is also down in other time horizons such as 38-day GD, 50-day GD, 100-day GD and 200-day GD. The price target is provisionally set at the 12-month low of 7.18 euros marked on July 6, 2023, which means there is a downward potential of 2.84 percent.

Analysis of the high and low points of the Uniqa Insurance share shows that the price has fallen significantly in recent years. Especially in the 10 to 20 year periods, the stock experienced a sharp decline of 28.12% to 74.09%.

Compared to other companies in the industry group, Allstate shares have the best values ​​with a GD-200 distance of 25.02%.

The current situation suggests that the share price will continue to decline. Investors should monitor developments and prepare for further possible losses. The downward trends could have a negative impact on the value of the stock and investor confidence. It is advisable to find out about alternative investment options.