Signal Strength: MEDIUM
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Getswift (ASX:GSW) : The current Fibonacci Retraction levels are:
The current support levels are:
A Fibonacci retracement is a term used in technical analysis that refers to areas of support (price stops going lower) or resistance (price stops going higher). Fibonacci retracement levels use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before the trend continues in the original direction.
Calculation: Fibonacci Retracements:
1) Uptrend: C = B — (B — A) x N%;
2) Downtrend: C = B + (A — B) x N%;
3) Fibonacci Levels:
PROFILE: Getswift (GSW.AX)
Stock Exchange: ASX
Ticker Codes: | GSW.AX | ASX:GSW |
Getswift Limited, a technology company, provides secure cloud-based SaaS platform for delivery businesses in Australia and internationally. It offers logistics software. The company was founded in 2015 and is based in Carlton, Australia.
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