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 0.6411 to 3.25 2.7 (21.08%) . .
Intermediate 2.2188 to 3.25 . 2.7 (53.34%) .
Short 2.7 to 3.51 3.38 (16.05%) . .