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 44.12 to 32.7 . 38.74 (52.89%) .
Intermediate 40.63 to 32.7 . . 38.74 (76.17%)
Short 37.33 to 32.7 . . 38.74 (130.45%)