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 3.74 to 0.3357 1.01 (19.81%) . .
Intermediate 1.39 to 0.3357 . . 1.01 (63.96%)
Short 0.6137 to 0.3357 . . 1.01 (242.55%)