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 3.11 to 0.85 1.11 (11.50%) . .
Intermediate 1.48 to 0.85 . 1.11 (41.27%) .
Short 1.1494 to 0.95 1.0099 (30.04%) . .