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 to 2.15 1.45 (32.56%) . .
Intermediate 2.15 to 1.45 . . 2.05 (85.71%)
Short 1.51 to 2.05 2.05 (0.00%) . .