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 2.63 to 5.36 . 3.78 (57.88%) .
Intermediate 5.36 to 3.77 . 4.65 (55.35%) .
Short 4.78 to 3.77 . . 4.65 (87.13%)