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 35.09 to 59.76 . . 40.89 (76.49%)
Intermediate 40.89 to 56.47 53.34 (20.09%) . .
Short 56.47 to 53.04 . . 55.69 (77.26%)