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 0.25 to 1.32 1.03 (27.10%) . .
Intermediate 0.54 to 1.32 1.03 (37.18%) . .
Short 0.87 to 1.32 . . 1.03 (64.44%)