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 2.36 to 0.94 1.42 (33.80%) . .
Intermediate 1.44 to 1.19 . . 1.4 (84.00%)
Short 1.43 to 1.18 1.2 (8.00%) . .