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 22.33 to 65.28 . . 35.63 (69.03%)
Intermediate 35.11 to 65.28 . . 35.63 (98.28%)
Short 65.28 to 35.63 38.92 (11.10%) . .