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 0.3275 to 5.35 . . 1.13 (84.02%)
Intermediate 2.32 to 1.07 . 1.76 (55.20%) .
Short 1.725 to 1.08 . 1.37 (44.96%) .