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 7.34 to 3.94 5.12 (34.71%) . .
Intermediate 5.17 to 3.94 . . 5.12 (95.93%)
Short 5.17 to 4.44 4.64 (27.40%) . .