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 6.5 to 2.22 . . 5.26 (71.03%)
Intermediate 3.53 to 4.58 . . 3.57 (96.19%)
Short 3.53 to 5.26 4.8 (26.59%) . .