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 1.87 to 4.07 . 3.12 (43.18%) .
Intermediate 4.07 to 2.87 . 3.55 (56.67%) .
Short 3.6 to 2.87 . . 3.55 (93.15%)