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 to 6.054 . 3.455 (42.93%) .
Intermediate 3.34 to 5.41 . 4.29 (54.11%) .
Short 5.41 to 4.29 . . 5.315 (91.52%)