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 1.99 to 1.04 . . 1.61 (60.00%)
Intermediate 1.96 to 1.04 . . 1.61 (61.96%)
Short 1.04 to 1.62 1.4 (37.93%) . .