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 40.31 to 47.81 . . 42.7358 (67.66%)
Intermediate 47.81 to 42.2 . . 46.5338 (77.25%)
Short 42.2 to 46.5982 45.01 (36.11%) . .