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 3.34 to 6.12 . . 3.87 (80.94%)
Intermediate 6.12 to 3.87 . . 5.24 (60.89%)
Short 5.78 to 3.87 . . 5.24 (71.73%)