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 65.5 to 47.5 . . 61.42 (77.33%)
Intermediate 59.46 to 55.39 . . 61.42 (148.16%)
Short 55.39 to 59.13 . . 55.79 (89.30%)