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 1.29 to 6.8 4.66 (38.84%) . .
Intermediate 2.07 to 6.8 . 4.66 (45.24%) .
Short 6.8 to 4.63 . . 6.6 (90.78%)