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 2.23 to 0.46 . . 1.79 (75.14%)
Intermediate 1.1 to 0.46 . . 1.79 (207.81%)
Short 0.46 to 0.65 . . 0.534 (61.05%)