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 6.03 to 0.84 1.12 (5.39%) . .
Intermediate 1.68 to 0.84 1.12 (33.33%) . .
Short 0.84 to 1.315 . . 0.916 (84.00%)