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 to 1.595 . . 0.18 (88.71%)
Intermediate 0.067 to 1.595 . . 0.18 (92.60%)
Short 0.9 to 0.26 0.29 (4.69%) . .