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 4.38 to 2.45 . 3.51 (54.92%) .
Intermediate 2.6 to 3.51 . . 2.06 (159.34%)
Short 3.51 to 2.45 2.65 (18.87%) . .