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 0.87 to 2 . 1.47 (46.90%) .
Intermediate 1.15 to 2 . . 1.47 (62.35%)
Short 2 to 1.46 . . 1.95 (90.74%)