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 2.9 to 7.78 . 5 (56.97%) .
Intermediate 7.78 to 5 . 6.43 (51.44%) .
Short 7.78 to 5 . 6.43 (51.44%) .