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 16.8 to 3.21 7.63 (32.52%) . .
Intermediate 3.82 to 7.63 . . 4.9 (71.65%)
Short 7.08 to 4.9 5.19 (13.30%) . .