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 45.78 to 30.18 . 39.46 (59.49%) .
Intermediate 39.3 to 33.13 . . 39.46 (102.59%)
Short 34.03 to 39.29 . 36.26 (57.60%) .