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 0.99 to 0.58 . . 2.1 (370.73%)
Intermediate 0.6711 to 0.8 0.75 (38.79%) . .
Short 0.97 to 2.17 2.02 (12.50%) . .