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 1.22 to 0.291 0.375 (9.04%) . .
Intermediate 0.72 to 0.291 0.375 (19.58%) . .
Short 0.291 to 0.379 . 0.3399 (44.43%) .