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 1.84 to 14.77 . . 5.72 (69.99%)
Intermediate 14.77 to 5.66 . . 12.1 (70.69%)
Short 5.66 to 12.1 . . 7.28 (74.84%)