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 82.81 to 16.61 30.65 (21.21%) . .
Intermediate 16.61 to 31.31 . . 20.2 (75.58%)
Short 31.31 to 21.48 23.37 (19.23%) . .