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 2.82 to 0.69 0.73 (1.88%) . .
Intermediate 2.04 to 0.69 0.73 (2.96%) . .
Short 1.76 to 0.69 0.73 (3.74%) . .