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 6.4026 to 1.36 . 3.99 (52.16%) .
Intermediate 5.5 to 1.36 . . 3.99 (63.53%)
Short 1.36 to 4.86 . . 2.048 (80.34%)