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 43.17 to 67.87 . 54.73 (53.20%) .
Intermediate 55.47 to 67.87 . . 54.73 (105.97%)
Short 67.87 to 59 60.52 (17.14%) . .