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 4.84 to 2.35 . . 4.8 (98.39%)
Intermediate 2.74 to 3.85 3.62 (20.72%) . .
Short 3.36 to 4.04 3.89 (22.06%) . .