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 53.11 to 36.51 . . 52.03 (93.49%)
Intermediate 40.04 to 50.17 47.48 (26.55%) . .
Short 44.55 to 51.92 51.19 (9.91%) . .