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 1.4 to 0.77 1.0023 (36.87%) . .
Intermediate 1.06 to 0.821 . . 1 (74.90%)
Short 1.0003 to 0.821 . . 1 (99.83%)