STLD 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 | 149.26 to 115.05 | 122.73 (22.45%) | . | . |
Intermediate | 133.22 to 115.05 | . | 122.73 (42.27%) | . |
Short | 124.19 to 108.1 | 112.84 (29.46%) | . | . |