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 0.8575 to 1.5 . 1.22 (43.58%) .
Intermediate 1.05 to 1.5 . . 1.22 (62.22%)
Short 1.44 to 1.22 . . 1.41 (86.36%)