SBI 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 | 7.98 to 7.3995 | . | 7.66 (44.88%) | . |
| Intermediate | 7.89 to 7.42 | . | 7.66 (51.06%) | . |
| Short | 7.58 to 7.42 | . | . | 7.66 (150.00%) |