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 1.79 to 2.44 . 2.1193 (49.34%) .
Intermediate 1.79 to 2.44 . 2.1193 (49.34%) .
Short 2.05 to 2.45 . 2.27 (45.00%) .