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 1.51 to 0.58 0.796 (23.23%) . .
Intermediate 0.857 to 0.58 . . 0.796 (77.98%)
Short 0.58 to 0.7894 . 0.6724 (55.87%) .