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 2.52 to 4 . 3.35 (43.92%) .
Intermediate 2.85 to 4 . 3.35 (56.52%) .
Short 4 to 3.45 3.65 (36.36%) . .