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 1.668 to 0.99 . . 1.586 (87.91%)
Intermediate 1.586 to 1.1791 . . 1.58 (98.53%)
Short 1.542 to 1.2 . . 1.47 (78.95%)