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 0.57 to 1.91 . 1.2 (52.99%) .
Intermediate 1.65 to 1.24 . . 5 (917.07%)
Short 1.53 to 2 1.85 (31.91%) . .