IBHF 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 | 22.81 to 23.41 | . | . | 22.98 (71.67%) |
Intermediate | 23.41 to 23.14 | . | 23.28 (51.85%) | . |
Short | 23.31 to 23.18 | . | . | 23.27 (69.23%) |