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 4.55 to 0.572 0.8206 (6.25%) . .
Intermediate 0.572 to 0.8232 . 0.695 (51.04%) .
Short 0.69 to 0.8206 . . 0.7007 (91.81%)