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 120.5 102.2 (15.19%) . .
Intermediate 120.5 to 102.2 . . 191.5 (487.98%)
Short 119.8 to 193.95 172.45 (29.00%) . .