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 5.99 to 1.07 1.72 (13.21%) . .
Intermediate 2.23 to 1.07 . 1.72 (56.03%) .
Short 1.07 to 1.72 . 1.36 (55.38%) .