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 1.02 to 4.47 . 3.05 (41.16%) .
Intermediate 3.3 to 4.47 . . 3.05 (121.37%)
Short 3.3 to 3.79 . . 3.05 (151.02%)