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 3.28 to 6.94 5.66 (34.97%) . .
Intermediate 3.78 to 6.94 . 5.66 (40.51%) .
Short 4.36 to 6.94 . 5.66 (49.61%) .