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 1.67 to 5.16 4.3 (24.64%) . .
Intermediate 3.27 to 5.16 . 4.3 (45.50%) .
Short 3.57 to 5.16 . 4.3 (54.09%) .