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 7.84 to 1.67 3.79 (34.36%) . .
Intermediate 5.75 to 1.67 . 3.79 (51.96%) .
Short 1.94 to 3.845 3.1 (39.11%) . .