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 4.53 to 3.1 . . 4.11 (70.63%)
Intermediate 3.21 to 4.09 . 3.69 (45.45%) .
Short 3.21 to 4.09 . 3.69 (45.45%) .