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 144.17 to 170.71 . . 150.01 (78.00%)
Intermediate 150.01 to 169.57 . 160.87 (44.48%) .
Short 169.57 to 160.87 . . 170.47 (110.34%)