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 2.11 to 1.09 1.33 (23.53%) . .
Intermediate 1.61 to 1.09 . 1.33 (46.15%) .
Short 1.4761 to 1.09 . . 1.33 (62.16%)