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 0.455 to 10.98 . 6.61 (41.52%) .
Intermediate 5.95 to 10.98 . . 6.61 (86.88%)
Short 10.98 to 6.61 7.52 (20.82%) . .