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 3.21 to 1.47 . 2.43 (55.17%) .
Intermediate 1.6478 to 2.2099 . . 1.71 (88.93%)
Short 1.71 to 2.32 2.14 (29.51%) . .