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 1.2 to 0.92 . . 1.37 (160.71%)
Intermediate 1.05 to 0.92 . . 1.37 (346.15%)
Short 0.92 to 1.37 1.29 (17.78%) . .