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 30.79 to 25.71 . . 29.62 (76.97%)
Intermediate 25.71 to 29.75 . . 24.92 (119.55%)
Short 29.19 to 24.87 26.46 (36.81%) . .