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 2.128 to 0.023 0.8 (36.91%) . .
Intermediate 1.59 to 0.023 . 0.8 (49.59%) .
Short 1.05 to 0.023 . . 0.8 (75.66%)