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 9.3 to 1.66 2.31 (8.51%) . .
Intermediate 7.66 to 1.66 2.31 (10.83%) . .
Short 2.52 to 1.66 . . 2.31 (75.58%)