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 17.84 to 1.32 2.83 (9.14%) . .
Intermediate 14.25 to 1.32 2.83 (11.68%) . .
Short 7.11 to 1.32 2.83 (26.08%) . .