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 7.725 to 1.08 1.38 (4.51%) . .
Intermediate 3.07 to 1.08 1.38 (15.08%) . .
Short 1.66 to 1.08 . 1.38 (51.72%) .