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 1.58 to 1.06 . . 1.42 (69.23%)
Intermediate 1.38 to 1.07 1.18 (35.48%) . .
Short 1.22 to 1.07 . . 1.18 (73.33%)