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 | 414.65 to 503.07 | . | . | 434.77 (77.24%) |
Intermediate | 503.07 to 424.71 | . | . | 482.5 (73.75%) |
Short | 484.84 to 448.69 | . | . | 475.34 (73.72%) |