NHS 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 | 8.67 to 7.47 | 7.67 (16.67%) | . | . |
Intermediate | 8.56 to 7.47 | 7.67 (18.35%) | . | . |
Short | 7.93 to 7.47 | . | 7.67 (43.48%) | . |