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 1.9 to 1.01 1.3 (32.58%) . .
Intermediate 1.54 to 1.01 . 1.3 (54.72%) .
Short 1.342 to 1.01 . . 1.3 (87.35%)