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 1.17 to 3.41 . . 1.83 (70.54%)
Intermediate 2.68 to 2.14 . . 2.65 (94.44%)
Short 2.14 to 2.65 . 2.43 (43.14%) .