IBTI 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 | 21.695 to 22.6 | . | . | 21.82 (86.19%) |
Intermediate | 22.57 to 21.89 | 22.07 (26.47%) | . | . |
Short | 22.11 to 21.89 | . | . | 22.07 (81.82%) |