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 1.23 to 1.72 . . 1.17 (112.24%)
Intermediate 1.72 to 1.24 . 1.475 (48.96%) .
Short 1.48 to 1.27 1.3 (14.29%) . .