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 23 to 15.67 . 19.22 (48.43%) .
Intermediate 15.67 to 18.21 . . 16.46 (68.90%)
Short 16.46 to 19.4 18.65 (25.51%) . .