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 2.81 to 0.68 1.37 (32.39%) . .
Intermediate 1.71 to 0.68 . . 1.37 (66.99%)
Short 0.68 to 1.42 . . 0.9578 (62.46%)