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 102.4 to 6.4 12.56 (6.42%) . .
Intermediate 44.24 to 6.4 12.56 (16.28%) . .
Short 17.6 to 2.4 2.73 (2.17%) . .