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 1.3 to 15.75 . 8.95 (47.06%) .
Intermediate 7.53 to 15.75 . . 8.95 (82.73%)
Short 15.75 to 8.95 10.4 (21.32%) . .