FBZ 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 | 12.25 to 10.13 | . | . | 11.93 (84.91%) |
Intermediate | 10.13 to 11.93 | 11.215 (39.72%) | . | . |
Short | 11.93 to 11.215 | . | 11.56 (48.25%) | . |