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 0.24 to 1.7 . . 0.1851 (103.76%)
Intermediate 0.67 to 0.28 . . 0.5199 (61.51%)
Short 0.28 to 0.55 . . 0.1851 (135.15%)