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 1.99 to 0.71 0.97 (20.31%) . .
Intermediate 1.57 to 0.71 0.97 (30.23%) . .
Short 1.21 to 0.71 . 0.97 (52.00%) .