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 1.67 to 5.52 . . 2.61 (75.58%)
Intermediate 2.56 to 4.1 . . 2.61 (96.75%)
Short 3.73 to 2.61 . . 3.39 (69.64%)