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 4.59 to 1.82 . 3.0612 (44.81%) .
Intermediate 3.7617 to 1.82 . . 3.0612 (63.92%)
Short 1.82 to 3.3 . 2.6592 (43.30%) .