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 49.64 to 28.29 . 38.13 (46.09%) .
Intermediate 47.31 to 28.29 . 38.13 (51.74%) .
Short 37.37 to 28.29 . . 38.13 (108.37%)