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 23.3 to 7.08 . . 22.92 (97.66%)
Intermediate 12.65 to 23.15 . . 14.95 (78.10%)
Short 23.15 to 14.95 . . 20.09 (62.68%)