IYW 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 | 124.75 to 158.97 | . | . | 133.16 (75.42%) |
Intermediate | 158.97 to 128.56 | . | . | 150.39 (71.79%) |
Short | 128.56 to 151 | . | 137.7 (59.27%) | . |