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 4.74 to 8.69 . 6.39 (58.23%) .
Intermediate 8.69 to 6.32 . . 7.79 (62.03%)
Short 8.69 to 6.32 . . 7.79 (62.03%)