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 8.86 to 1.17 1.77 (7.80%) . .
Intermediate 4.84 to 1.17 1.77 (16.35%) . .
Short 1.17 to 1.82 . . 1.33 (75.38%)