FIE.C 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 | 6.94 to 8.06 | 7.9 (14.29%) | . | . |
Intermediate | 7.78 to 8.06 | . | 7.9 (57.14%) | . |
Short | 7.9 to 8.2 | 8.17 (10.00%) | . | . |