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 3.73 to 1.1 . . 2.93 (69.58%)
Intermediate 1.77 to 1.59 . . 2.93 (744.44%)
Short 1.92 to 2.31 . 2.09 (56.41%) .