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 FrameTrend38.2%50%61.8%
Long 28.64 to 47.25 . 36.35 (58.57%) .
Intermediate 45.36 to 35.38 . 40.23 (48.60%) .
Short 41.29 to 35.38 . . 40.23 (82.06%)