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 12.01 to 7.21 . . 10.31 (64.58%)
Intermediate 7.67 to 10.31 9.32 (37.50%) . .
Short 9.32 to 10.24 . . 9.66 (63.04%)