NEM 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 | 41.35 to 59.46 | 56.76 (14.91%) | . | . |
| Intermediate | 48.66 to 59.46 | 56.76 (25.00%) | . | . |
| Short | 52.3 to 59.46 | 56.76 (37.71%) | . | . |