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 to 25.4 22.5 (11.42%) . .
Intermediate 21.114 to 25.4 . . 22.5 (67.66%)
Short 21.9 to 29.87 27.1 (34.76%) . .