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 42 to 0.79 3.8 (7.30%) . .
Intermediate 4.4 to 0.79 . . 3.8 (83.38%)
Short 3.8 to 1.13 1.35 (8.24%) . .