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 1.875 to 6.38 . . 3.31 (68.15%)
Intermediate 6.38 to 2.84 . 4.93 (59.04%) .
Short 3.31 to 4.94 . . 3.725 (74.54%)