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 3.82 to 1.1 . . 3.23 (78.31%)
Intermediate 1.1 to 3.23 2.5 (34.27%) . .
Short 1.1 to 3.23 2.5 (34.27%) . .