ICBU 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 | 0.0003 to 0.008 | . | 0.0037 (55.84%) | . |
Intermediate | 0.003 to 0.008 | . | . | 0.0037 (86.00%) |
Short | 0.008 to 0.0037 | . | 0.0059 (51.16%) | . |