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 88.77 to 31.8 52 (35.46%) . .
Intermediate 87.79 to 31.8 52 (36.08%) . .
Short 31.8 to 52 46.44 (27.52%) . .