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 1.29 to 2.49 . . 1.43 (88.33%)
Intermediate 2.46 to 1.43 . 1.97 (52.43%) .
Short 1.85 to 1.63 . . 1.88 (113.64%)