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 5.36 to 9.58 . 7.38 (52.13%) .
Intermediate 9.58 to 7.38 . . 10.63 (147.73%)
Short 7.38 to 10.63 10.36 (8.31%) . .