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 0.7369 to 1.59 . . 1 (69.16%)
Intermediate 1.59 to 1 . . 1.57 (96.61%)
Short 1.301 to 1 . . 1.57 (189.37%)