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 2.41 to 5.4 4.4 (33.44%) . .
Intermediate 3.32 to 5.4 . 4.4 (48.08%) .
Short 5.4 to 4.32 4.5 (16.67%) . .