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 38.02 to 27.81 . . 34.68 (67.29%)
Intermediate 38.02 to 27.81 . . 34.68 (67.29%)
Short 28.39 to 34.68 32.49 (34.82%) . .