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 0.41 to 1.7 . 1.15 (42.64%) .
Intermediate 0.82 to 1.7 . . 1.15 (62.50%)
Short 1.69 to . . 3.08 (182.25%)