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 1.56 to 5.75 . 3.8 (46.54%) .
Intermediate 2.91 to 5.75 . . 3.8 (68.66%)
Short 5.75 to 3.77 4.46 (34.85%) . .