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 72.8 to 39 50.18 (33.08%) . .
Intermediate 54.09 to 39 . . 50.18 (74.09%)
Short 50.29 to 39 . . 50.18 (99.03%)