IREN 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 | 15.42 to 6.25 | . | . | 14.53 (90.29%) |
Intermediate | 7.33 to 15.37 | . | 11.41 (49.25%) | . |
Short | 8.51 to 15.37 | . | 11.41 (57.73%) | . |