FNGS 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 | 44.97 to 60.6 | 56.11 (28.73%) | . | . |
Intermediate | 52.46 to 60.6 | . | 56.11 (55.16%) | . |
Short | 56.11 to 60.47 | . | 58.05 (55.50%) | . |