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 1.08 to 2.35 . . 1.22 (88.98%)
Intermediate 2.13 to 1.21 . . 2.14 (101.09%)
Short 1.45 to 2.16 . 1.87 (40.85%) .