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 3.95 to 1.92 . 2.9 (48.28%) .
Intermediate 3.75 to 1.92 . 2.9 (53.55%) .
Short 2.85 to 1.92 . . 2.9 (105.38%)