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 6.97 to 10.86 . . 7.81 (78.41%)
Intermediate 10.86 to 7.63 . 9.41 (55.11%) .
Short 9.5 to 7.63 . . 9.41 (95.19%)