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 4.22 to 0.865 1.31 (13.26%) . .
Intermediate 1.95 to 0.865 . 1.31 (41.01%) .
Short 0.865 to 1.375 . 1.115 (50.98%) .