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 5.18 to 1.84 . 3.24 (41.92%) .
Intermediate 3.3 to 1.84 . . 3.24 (95.89%)
Short 3.05 to 2.01 . . 2.875 (83.17%)