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 1.53 to 2.16 . . 1.33 (131.75%)
Intermediate 2.1 to 1.57 1.73 (30.19%) . .
Short 1.87 to 1.57 . 1.73 (53.33%) .