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 27.14 to 43.57 . . 32.1 (69.81%)
Intermediate 43.33 to 32.1 . . 39.3 (64.11%)
Short 32.1 to 39.3 . . 34 (73.61%)