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 46.01 to 20.6 24.22 (14.25%) . .
Intermediate 42.35 to 20.6 24.22 (16.64%) . .
Short 30.44 to 20.6 24.22 (36.79%) . .