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 to 6 . . 0.3825 (93.62%)
Intermediate 4.6998 to 0.3825 1.72 (30.98%) . .
Short 0.3825 to 1.72 . 1.12 (44.86%) .