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 1.89 to 1.15 . . 1.66 (68.92%)
Intermediate 1.22 to 1.68 . . 1.3 (82.61%)
Short 1.56 to 1.3 1.37 (26.92%) . .