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 5.3 to 2.78 . 3.99 (48.02%) .
Intermediate 2.87 to 3.99 . . 3.06 (83.04%)
Short 3.77 to 3.03 . 3.37 (45.95%) .