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 3.56 to 15.72 . . 4.74 (90.30%)
Intermediate 15.72 to 4.74 7.08 (21.31%) . .
Short 9.01 to 4.74 . 7.08 (54.80%) .