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 39.38 to 55.82 . 46.2 (58.52%) .
Intermediate 55.82 to 45.55 . . 56.3 (104.67%)
Short 46.37 to 54.99 . 51.34 (42.34%) .