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 11.21 to 4.77 7.29 (39.13%) . .
Intermediate 8.19 to 4.77 . . 7.29 (73.68%)
Short 4.77 to 6.28 . . 5.05 (81.46%)