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 0.1 to 1.45 . 0.804 (47.85%) .
Intermediate 1.17 to 0.78 . . 1.065 (73.08%)
Short 0.78 to 1.065 . 0.9411 (43.47%) .