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 0.76 to 3.63 . . 0.92 (94.43%)
Intermediate 0.9199 to 1.71 . 1.34 (46.83%) .
Short 0.92 to 1.71 . 1.34 (46.84%) .