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 1.74 to 0.74 1.05 (31.00%) . .
Intermediate 1.5 to 0.74 . 1.05 (40.79%) .
Short 0.74 to 1.05 . . 0.0752 (314.45%)