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 31.32 to 22.19 . . 30.2 (87.73%)
Intermediate 26.71 to 30.29 . . 27.94 (65.64%)
Short 30.29 to 27.9 . . 29.47 (65.69%)