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 23.19 to 6.31 12.64 (37.50%) . .
Intermediate 7.04 to 12.8 . 10 (48.61%) .
Short 12.8 to 9.92 . 11.36 (50.00%) .