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 0.65 to 9.24 . 4.2 (58.67%) .
Intermediate 8.56 to 4.2 . 6.45 (51.61%) .
Short 4.25 to 6.86 . . 4.5 (90.42%)