AXDX 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 | 0.87 to 2 | . | 1.47 (46.90%) | . |
Intermediate | 1.15 to 2 | . | . | 1.47 (62.35%) |
Short | 2 to 1.46 | . | . | 1.95 (90.74%) |