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 3.15 to 11.42 . . 3.9 (90.93%)
Intermediate 9.11 to 3.9 . . 8.95 (96.93%)
Short 9 to 7.08 . 8.1 (53.12%) .