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 3.8 to 1.41 . . 3.36 (81.59%)
Intermediate 1.41 to 3.39 . . 1.925 (73.99%)
Short 3.3 to 1.925 . 2.59 (48.36%) .