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 2.74 to 1.65 . . 2.87 (111.93%)
Intermediate 1.65 to 2.62 . . 1.81 (83.51%)
Short 1.8 to 2.52 2.4 (16.67%) . .