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 6.33 to 3.67 . 5.13 (54.89%) .
Intermediate 3.67 to 5.11 4.74 (25.69%) . .
Short 4.14 to 5.11 4.74 (38.14%) . .