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 800.01 to 1175 . 999.99 (46.67%) .
Intermediate 1175 to 999.99 . . 1155 (88.57%)
Short 1175 to 1022.77 1055 (21.17%) . .