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 1.3 to 0.84 . . 1.78 (204.35%)
Intermediate 1.2 to 0.8951 . . 1.78 (290.23%)
Short 0.98 to 1.82 1.56 (30.95%) . .