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 42.16 to 30.71 . . 41.75 (96.42%)
Intermediate 32.98 to 38.78 37.2 (27.24%) . .
Short 35.37 to 38.78 . 37.2 (46.33%) .