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 0.035 to 0.378 0.28 (28.57%) . .
Intermediate 0.378 to 0.28 . . 0.77 (500.00%)
Short 0.6 to 0.52 . . 0.77 (312.50%)