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 3.54 to 1.24 1.67 (18.70%) . .
Intermediate 2.75 to 1.24 1.67 (28.48%) . .
Short 2.49 to 1.23 1.44 (16.67%) . .