GBAB 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 | 18.52 to 15.62 | 16.02 (13.79%) | . | . |
Intermediate | 17.48 to 15.62 | 16.02 (21.51%) | . | . |
Short | 16.1 to 14.98 | 15.25 (24.11%) | . | . |