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 0.67 to 4.5 . . 1.35 (82.25%)
Intermediate 4.5 to 1.35 . . 3.69 (74.29%)
Short 1.35 to 3.69 . . 1.77 (82.05%)