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 11.71 to 56.9 . 36.6 (44.92%) .
Intermediate 56.9 to 37.58 . . 52.2 (75.67%)
Short 54.09 to 39.51 . 47.18 (52.61%) .