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 4.4 to 15.3 . . 6.73 (78.62%)
Intermediate 15.3 to 6.26 . 10.93 (51.66%) .
Short 6.26 to 9.725 9.19 (15.44%) . .