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 1.12 to 0.47 . . 0.9078 (67.35%)
Intermediate 0.5624 to 0.9078 . 0.7256 (52.75%) .
Short 0.626 to 0.9078 . . 0.7256 (64.66%)