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 5.52 to 1.73 2.11 (10.03%) . .
Intermediate 3.15 to 1.73 2.11 (26.76%) . .
Short 2.27 to 1.73 . . 2.11 (70.37%)