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 4.29 to 1.7 2.67 (37.45%) . .
Intermediate 2.95 to 1.7 . . 2.67 (77.60%)
Short 1.7 to 2.67 2.33 (35.05%) . .