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 7.69 to 3.7 . . 6.72 (75.69%)
Intermediate 4.03 to 6.43 5.85 (24.17%) . .
Short 4.72 to 6.43 5.85 (33.92%) . .