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 1.33 to 0.66 . . 1.36 (104.48%)
Intermediate 1.03 to 0.66 . . 1.36 (189.19%)
Short 0.675 to 1.32 1.2106 (16.96%) . .