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 1.78 to 0.736 1.12 (36.78%) . .
Intermediate 1.18 to 0.736 . . 1.12 (86.49%)
Short 0.736 to 1.12 . 0.9299 (49.51%) .