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 0.45 to 0.13 0.185 (17.19%) . .
Intermediate 0.24 to 0.13 . 0.185 (50.00%) .
Short 0.13 to 0.207 . 0.1643 (55.45%) .