BITW 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 | 26.81 to 72 | 59.3 (28.10%) | . | . |
Intermediate | 28 to 72 | 59.3 (28.86%) | . | . |
Short | 55.66 to 72 | . | . | 59.3 (77.72%) |