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 3.0713 to 2.21 2.52 (35.99%) . .
Intermediate 2.9 to 2.21 . 2.52 (44.93%) .
Short 2.75 to 2.21 . 2.52 (57.41%) .