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 2.12 to 0.225 0.31 (4.49%) . .
Intermediate 0.54 to 0.225 0.31 (26.98%) . .
Short 0.432 to 0.225 . 0.31 (41.06%) .