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 13.1 to 2.895 4.36 (14.36%) . .
Intermediate 2.895 to 4.96 . . 3.04 (92.98%)
Short 2.96 to 4.96 . . 3.04 (96.00%)