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 49.58 to 85.05 . 66.56 (52.13%) .
Intermediate 85.05 to 66.56 . . 80.93 (77.72%)
Short 85.05 to 66.56 . . 80.93 (77.72%)