EAD 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 | 6.75 to 7.2 | . | . | 6.76 (97.78%) |
Intermediate | 7.2 to 6.76 | . | . | 7.06 (68.18%) |
Short | 6.79 to 7.07 | . | . | 6.8 (96.43%) |