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 0.7217 to 2.35 1.72 (38.69%) . .
Intermediate 2.35 to 1.74 1.89 (24.59%) . .
Short 2.05 to 1.71 . 1.85 (41.18%) .