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 1.67 to 13 . . 3.22 (86.32%)
Intermediate 6.42 to 3.19 . 5.06 (57.89%) .
Short 3.19 to 4.23 . . 3.46 (74.04%)