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 0.1501 to 0.48 . . 0.235 (74.26%)
Intermediate 0.48 to 0.235 . . 0.5201 (116.37%)
Short 0.235 to 0.4499 . . 0.32 (60.45%)