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 2.5 to 1.01 1.265 (17.11%) . .
Intermediate 1.71 to 1.01 1.265 (36.43%) . .
Short 1.01 to 1.19 1.12 (38.89%) . .