FBIOP 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 | 8.37 to 5 | . | . | 7.23 (66.17%) |
Intermediate | 5.02 to 7.23 | 6.36 (39.37%) | . | . |
Short | 6.22 to 7.08 | . | . | 6.41 (77.91%) |