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 31.04 to 17.42 . . 27.75 (75.84%)
Intermediate 28.77 to 17.42 . . 27.75 (91.01%)
Short 17.42 to 28.01 23.79 (39.85%) . .