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 2.69 to 0.6843 1.06 (18.73%) . .
Intermediate 1.42 to 0.6843 . 1.06 (51.07%) .
Short 0.6843 to 1.05 0.968 (22.42%) . .