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 30.79 to 47.49 . 38 (56.83%) .
Intermediate 47.13 to 37.8 . . 47.88 (108.04%)
Short 37.8 to 46.3 44.755 (18.18%) . .