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 3.25 to 1.17 1.709 (25.91%) . .
Intermediate 2.29 to 1.17 . 1.709 (48.13%) .
Short 1.17 to 1.72 . 1.475 (44.55%) .