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 1.65 to 0.32 . . 1.25 (69.92%)
Intermediate 1.2 to 0.52 . . 1.2 (100.00%)
Short 0.98 to 0.65 . 0.8 (45.45%) .