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 47.47 to 68.29 . 59.34 (42.99%) .
Intermediate 54.4 to 68.29 . . 59.34 (64.43%)
Short 68.29 to 59.13 61.08 (21.29%) . .