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 1.77 to 0.61 1.03 (36.21%) . .
Intermediate 0.637 to 1.03 . . 0.733 (75.57%)
Short 0.925 to 0.732 0.7712 (20.31%) . .