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 2.52 to 1.96 . . 2.91 (169.64%)
Intermediate 2.4763 to 1.96 . . 2.91 (184.00%)
Short 2.28 to 2.54 2.45 (34.62%) . .