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 26.1 to 11.56 15.73 (28.68%) . .
Intermediate 18.22 to 11.56 . . 15.73 (62.61%)
Short 15.29 to 7.23 8.69 (18.11%) . .