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 12.33 to 0.3775 . 5.75 (44.95%) .
Intermediate 0.3775 to 5.75 . . 2.3 (64.22%)
Short 5.6 to 2.24 2.92 (20.24%) . .