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 0.9727 to 2.78 2.08 (38.73%) . .
Intermediate 1.74 to 2.78 . . 2.08 (67.31%)
Short 2.78 to 2.05 2.34 (39.73%) . .