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 7.55 to 2.33 3.14 (15.52%) . .
Intermediate 4.57 to 2.33 3.14 (36.16%) . .
Short 3.24 to 2.33 . . 3.14 (89.01%)