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 0.6096 to 5.47 . 3.32 (44.24%) .
Intermediate 5.47 to 3.27 . . 4.65 (62.73%)
Short 3.27 to 4.58 4.5 (6.11%) . .