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 1.04 to 0.504 . 0.8 (55.22%) .
Intermediate 0.92 to 0.504 . . 0.8 (71.15%)
Short 0.504 to 0.801 . 0.63 (57.58%) .