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 1.26 to 0.1 . . 1.115 (87.50%)
Intermediate 1 to 0.55 0.65 (22.22%) . .
Short 0.761 to 0.55 . 0.65 (47.39%) .