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 44.15 to 62.92 . . 47.43 (82.53%)
Intermediate 45.25 to 62.92 . . 47.43 (87.66%)
Short 62.92 to 47.43 48.83 (9.04%) . .