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 0.206 to 0.457 . 0.33 (50.60%) .
Intermediate 0.23 to 0.457 . 0.33 (55.95%) .
Short 0.457 to 0.3533 0.3765 (22.37%) . .