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 3.9739 to 0.6758 1.4 (21.96%) . .
Intermediate 0.6758 to 1.4 1.238 (22.37%) . .
Short 0.88 to 1.4 1.238 (31.15%) . .