SKBSY 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 | 17.5 to 21.85 | . | 19.66 (50.34%) | . |
Intermediate | 21.85 to 19.66 | . | . | 21.71 (93.61%) |
Short | 19.66 to 21.71 | . | 20.73 (47.80%) | . |