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 3.13 to 1.95 . . 3.09 (96.61%)
Intermediate 1.95 to 2.85 2.8 (5.56%) . .
Short 2.64 to 3.0242 . 2.84 (47.94%) .