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 0.76 to 0.4 . . 0.72 (88.89%)
Intermediate 0.4 to 0.73 . . 0.481 (75.45%)
Short 0.6 to 0.481 0.5101 (24.45%) . .