ALPS 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 | 4.5 to 0.53 | 1.18 (16.37%) | . | . |
Intermediate | 0.85 to 0.5685 | . | 0.73 (57.37%) | . |
Short | 0.74 to 0.25 | 0.28 (6.12%) | . | . |