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 108.46 to 40.5 62.83 (32.86%) . .
Intermediate 83.8 to 40.5 . 62.83 (51.57%) .
Short 62.03 to 40.5 . . 62.83 (103.72%)