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 70 to 31.06 . . 59.41 (72.80%)
Intermediate 31.06 to 41.4 . 36.25 (49.81%) .
Short 35.53 to 41.4 . . 36.25 (87.73%)