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 0.41 to 2.52 . . 0.7028 (86.12%)
Intermediate 2.52 to 0.7 . . 1.8 (60.44%)
Short 1.51 to 0.7 . . 1.8 (135.80%)