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 3.16 to 1.37 1.8 (24.02%) . .
Intermediate 2.6 to 1.37 1.8 (34.96%) . .
Short 2.26 to 1.37 . 1.8 (48.31%) .