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 6.45 to 1.09 1.74 (12.13%) . .
Intermediate 3.36 to 1.09 1.74 (28.63%) . .
Short 1.83 to 1.09 . . 1.74 (87.84%)