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 3.04 to 1.99 . . 2.91 (87.62%)
Intermediate 2.21 to 2.7199 . . 2.375 (67.64%)
Short 2.7199 to 2.34 . . 2.91 (150.04%)