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 8.42 to 1.72 2.41 (10.30%) . .
Intermediate 5.9 to 1.72 2.41 (16.51%) . .
Short 2.93 to 1.72 . 2.41 (57.02%) .