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 1.04 to 6.81 . 3.91 (50.26%) .
Intermediate 6.81 to 3.91 . 5.18 (43.79%) .
Short 3.91 to 5.24 . . 4.41 (62.41%)