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 0.14 to 1.3 0.9912 (26.62%) . .
Intermediate 1.3 to 0.9719 . . 1.81 (255.44%)
Short 0.773 to 1.3 . 0.9912 (58.60%) .