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 16.83 to 45.11 . . 22.04 (81.58%)
Intermediate 45.11 to 31.77 . 38.38 (49.55%) .
Short 38.44 to 23.04 25.64 (16.88%) . .