NI 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 | 30.57 to 38.53 | 35.43 (38.94%) | . | . |
Intermediate | 34.39 to 38.53 | . | . | 35.43 (74.88%) |
Short | 38.53 to 35.36 | . | 36.86 (47.32%) | . |