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 to 3.07 . . 0.88 (71.34%)
Intermediate 2.2 to 0.887 1.19 (23.08%) . .
Short 1.3 to 0.887 . . 1.19 (73.37%)