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 0.787 to 2.16 1.946 (15.59%) . .
Intermediate 0.927 to 2.16 1.946 (17.36%) . .
Short 2.16 to 1.84 . . 2.411 (178.44%)