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 6.2 to 0.3471 . . 5.11 (81.38%)
Intermediate 0.3471 to 5.64 . 2.94 (51.01%) .
Short 0.3471 to 5.64 . 2.94 (51.01%) .