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 1.12 to 1.96 . . 1.44 (61.90%)
Intermediate 1.96 to 1.44 . . 1.97 (101.92%)
Short 1.87 to 1.44 . . 1.97 (123.26%)