SBIO 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 | 42.71 to 23.25 | 29.91 (34.22%) | . | . |
| Intermediate | 33 to 23.25 | . | . | 29.91 (68.31%) |
| Short | 23.25 to 29.94 | . | 27.22 (40.66%) | . |