NBGIF 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 | 7.55 to 9.3 | . | . | 7.48 (104.00%) |
Intermediate | 9.2 to 7.82 | . | . | 8.8 (71.01%) |
Short | 9 to 7.48 | 8.005 (34.54%) | . | . |