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 182.61 to 143.33 . 165.595 (56.68%) .
Intermediate 152.78 to 166.15 . 158.95 (53.85%) .
Short 166.15 to 158.95 . . 164.22 (73.19%)