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 3.53 to 0.699 1.23 (18.76%) . .
Intermediate 1.85 to 0.699 . 1.23 (46.13%) .
Short 0.699 to 1.27 1.08 (33.27%) . .