PEMC.C 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 | 0.02 to 0.075 | . | . | 0.025 (90.91%) |
Intermediate | 0.06 to 0.035 | . | . | 0.05 (60.00%) |
Short | 0.045 to 0.03 | 0.035 (33.33%) | . | . |