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 80.17 to 46.88 56.66 (29.38%) . .
Intermediate 65.85 to 46.88 . 56.66 (51.56%) .
Short 58.69 to 46.88 . . 56.66 (82.81%)