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 14.68 to 47 . . 18.1 (89.42%)
Intermediate 34.99 to 23.36 27.9138 (39.16%) . .
Short 27.9 to 20.15 22.22 (26.71%) . .