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 41.8 to 7.78 14.7 (20.34%) . .
Intermediate 19.142 to 7.78 . . 14.7 (60.90%)
Short 3.4 to 0.33 0.47 (4.56%) . .