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DRRX Fibonacci Analysis

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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 FrameTrend38.2%50%61.8%
Long 3.8 to 0.9678 . . 2.73 (62.22%)
Intermediate 0.9678 to 2.75 2.27 (26.93%) . .
Short 1.97 to 2.75 . . 2.27 (61.54%)
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