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 2.75 to 0.73 0.98 (12.38%) . .
Intermediate 1.7 to 0.73 0.98 (25.77%) . .
Short 0.99 to 0.73 . . 0.98 (96.15%)