CLSE Analysis
Fibonacci Analysis:
Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days)
and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend
will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts
will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time Frame | Trend | 38.2% | 50% | 61.8% |
Long | 19.84 to 24.09 | 22.89 (28.24%) | . | . |
Intermediate | 22.48 to 24.09 | . | . | 22.89 (74.53%) |
Short | 24.09 to 22.85 | . | 23.43 (46.77%) | . |