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 12.7 to 1.82 2.67 (7.81%) . .
Intermediate 10.44 to 1.82 2.67 (9.86%) . .
Short 3.09 to 1.82 . . 2.67 (66.93%)