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 7.82 to 0.82 1.36 (7.71%) . .
Intermediate 3.79 to 0.82 1.36 (18.18%) . .
Short 2.44 to 0.985 1.06 (5.15%) . .