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 1036 to 1720 . . 1204 (75.44%)
Intermediate 1542 to 1196 . 1400 (58.96%) .
Short 1196 to 1400 . . 1240 (78.43%)