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 2.2 to 3.3 . 2.65 (59.09%) .
Intermediate 3.3 to 2.63 . . 3.65 (152.24%)
Short 2.99 to 2.75 . . 3.65 (375.00%)