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 36 to 61.67 . 51.33 (40.28%) .
Intermediate 51.15 to 61.67 . . 51.33 (98.29%)
Short 61.67 to 51.79 53.14 (13.66%) . .