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 18.16 to 27.55 . . 19.92 (81.26%)
Intermediate 20.29 to 27.55 . . 19.92 (105.10%)
Short 27.55 to 19.92 20.48 (7.34%) . .