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 1.81 to 1.31 . . 1.72 (82.00%)
Intermediate 1.72 to 1.32 . 1.51 (47.50%) .
Short 1.63 to 1.32 . . 1.51 (61.29%)