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 1.97 to 1.1 1.41 (35.63%) . .
Intermediate 1.57 to 1.1 . . 1.41 (65.96%)
Short 1.12 to 1.43 . . 1.13 (96.77%)