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 1.89 to 0.045 . 1 (51.76%) .
Intermediate 0.62 to 0.045 . . 1 (166.09%)
Short 0.32 to 0.01 . . 1 (319.35%)