DAKT 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 | 10.71 to 15.93 | . | . | 11.8 (79.12%) |
Intermediate | 15.93 to 11.68 | . | 13.71 (47.76%) | . |
Short | 11.87 to 13.33 | . | 12.64 (47.26%) | . |