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 to 1.57 . . 1.07 (87.72%)
Intermediate 1.1 to 1.52 . . 1.15 (88.10%)
Short 1.43 to 1.11 . 1.24 (40.62%) .