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 0.205 to 0.465 0.41 (21.15%) . .
Intermediate 0.255 to 0.465 0.41 (26.19%) . .
Short 0.362 to 0.465 . 0.41 (53.40%) .