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 to 1.98 1.22 (38.38%) . .
Intermediate 0.9 to 1.98 . . 1.22 (70.37%)
Short 1.02 to 1.98 . . 1.22 (79.17%)