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 36.09 to 48.06 44.3 (31.41%) . .
Intermediate 42.61 to 48.06 . . 44.3 (68.99%)
Short 48.06 to 44.05 . . 47.37 (82.79%)