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 2.86 to 4.47 . . 3.31 (72.05%)
Intermediate 4.47 to 3.31 . . 4.3 (85.34%)
Short 4.3 to 3.52 . . 4.1 (74.36%)