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 0.92 to 1.37 1.21 (35.56%) . .
Intermediate 1.01 to 1.37 . 1.21 (44.44%) .
Short 1.35 to 1.23 . . 1.34 (91.67%)