LTMAY 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 | 0.6189 to 0.4499 | 0.4726 (13.43%) | . | . |
Intermediate | 0.58 to 0.4499 | 0.4726 (17.45%) | . | . |
Short | 0.5394 to 0.4499 | 0.4726 (25.36%) | . | . |