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 3.3 to 2.44 . . 4.4 (227.91%)
Intermediate 2.9 to 2.44 . . 4.4 (426.09%)
Short 2.64 to 4.41 4.34 (3.95%) . .