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VIXM 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 24.91 to 21.92 22.95 (34.45%) . .
Intermediate 21.92 to 23.39 . . 19.78 (245.58%)
Short 22.57 to 20.82 21.1895 (21.11%) . .
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