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 34.1 to 42.8 . . 36.59 (71.38%)
Intermediate 42.8 to 36.35 . 40.05 (57.36%) .
Short 37.64 to 40.15 . . 37.94 (88.05%)