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 1.25 to 0.563 . 0.94 (54.88%) .
Intermediate 0.563 to 0.94 . . 0.7062 (62.02%)
Short 0.898 to 0.7077 0.7739 (34.79%) . .