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 2.18 to 1.73 . . 2.4 (148.89%)
Intermediate 2.12 to 1.83 . . 2.4 (196.55%)
Short 1.83 to 2.31 . 2.1 (43.75%) .