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 2.116 to 3.845 3.75 (5.49%) . .
Intermediate 2.19 to 3.845 3.75 (5.74%) . .
Short 3.58 to 4.29 4.17 (16.90%) . .