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 58.05 to 94.4 85.1 (25.58%) . .
Intermediate 60.81 to 94.4 85.1 (27.69%) . .
Short 94.4 to 84.9 . . 103.2 (192.63%)