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 0.073 0.045 (38.36%) . .
Intermediate 0.073 to 0.045 . . 0.071 (92.86%)
Short 0.071 to 0.057 . . 0.0683 (80.71%)