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 0.4 to 2.95 . . 1.26 (66.27%)
Intermediate 0.91 to 2.95 . . 1.26 (82.84%)
Short 2.95 to 1.25 1.65 (23.53%) . .