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 4.08 to 1.12 1.99 (29.39%) . .
Intermediate 2.65 to 1.12 . 1.99 (56.86%) .
Short 1.12 to 1.99 . 1.55 (50.57%) .