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 3.92 to 2.5 . . 3.54 (73.24%)
Intermediate 2.5 to 3.27 . . 2.7 (74.03%)
Short 3.27 to 2.7 . . 3.54 (147.37%)