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 1.23 to 2.34 . . 1.34 (90.09%)
Intermediate 2.14 to 1.3 . . 1.93 (75.00%)
Short 1.3 to 1.96 . 1.61 (53.03%) .