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 1.52 to 3.18 . . 1.81 (82.53%)
Intermediate 3.18 to 1.81 . 2.38 (41.61%) .
Short 2.455 to 1.81 . . 2.38 (88.37%)