DX 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 | 12.99 to 12.07 | . | . | 13.27 (130.43%) |
Intermediate | 12.77 to 12.24 | . | . | 13.27 (194.34%) |
Short | 12.24 to 12.85 | . | 12.6 (40.98%) | . |