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 38.92 to 42.83 . . 40.04 (71.36%)
Intermediate 42.83 to 40.04 . . 44.74 (168.46%)
Short 41.38 to 43.92 43.55 (14.57%) . .