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 5.03 to 0.1112 2.05 (39.42%) . .
Intermediate 3.7 to 0.1112 . 2.05 (54.02%) .
Short 0.1112 to 2.42 1.63 (34.22%) . .