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 4.36 to 6.93 . . 5.15 (69.26%)
Intermediate 6.93 to 5.15 . . 6.72 (88.20%)
Short 6.77 to 5.15 . . 6.72 (96.91%)