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 0.84 to 1.36 . . 0.909 (86.73%)
Intermediate 1.2 to 0.86 . . 1.08 (64.71%)
Short 0.86 to 1.09 . 0.97 (52.17%) .