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 10.17 to 27.6 . 17.85 (55.94%) .
Intermediate 27.6 to 20.42 22.18 (24.51%) . .
Short 27.6 to 17.65 19.97 (23.32%) . .