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 0.886 to 1.78 . . 1.06 (80.54%)
Intermediate 1.78 to 1.08 1.24 (22.86%) . .
Short 1.31 to 1.08 . . 1.24 (69.57%)