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 105.64 to 40.9 59.35 (28.50%) . .
Intermediate 40.9 to 60.19 . 50.22 (51.68%) .
Short 59.1 to 49.48 . . 59.08 (99.79%)