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 4.4 to 2.61 . 3.47 (48.04%) .
Intermediate 2.61 to 3.49 3.21 (31.82%) . .
Short 3.26 to 3.49 . . 3.21 (121.74%)