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 3.05 to 1.47 1.78 (19.62%) . .
Intermediate 2.14 to 1.47 . 1.78 (46.27%) .
Short 1.51 to 1.78 . . 1.55 (85.19%)