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 3.35 to 6.6 . . 3.5 (95.38%)
Intermediate 6.6 to 3.5 . . 5.97 (79.68%)
Short 5.48 to 3.65 . . 5.2 (84.70%)