QQQ 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 | 424.71 to 538.17 | 505.08 (29.16%) | . | . |
Intermediate | 483.85 to 538.17 | . | . | 505.08 (60.92%) |
Short | 538.17 to 505.08 | . | 521.74 (50.35%) | . |