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 3.97 to 2.19 2.61 (23.60%) . .
Intermediate 3.06 to 2.19 . 2.61 (48.28%) .
Short 2.46 to 2.19 . . 2.61 (155.56%)