ZIJMF 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 | to 2.58 | 1.77 (31.40%) | . | . |
Intermediate | 1.77 to 2.4 | . | . | 1.8201 (92.05%) |
Short | 2.4 to 1.8201 | . | 2.087 (46.03%) | . |