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 2.91 to 0.1 . 1.53 (50.89%) .
Intermediate 0.85 to 1.56 . . 1.07 (69.01%)
Short 1.06 to 1.46 1.34 (30.00%) . .