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 42.32 to 30.05 . . 38.05 (65.20%)
Intermediate 30.05 to 36.5 . . 32.21 (66.51%)
Short 36.5 to 32.18 . . 38.05 (135.88%)