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 2.49 to 1.52 . 1.99 (48.45%) .
Intermediate 1.52 to 2.03 . . 1.225 (157.84%)
Short 1.83 to 1.51 . . 1.71 (62.50%)