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 2.17 to 0.74 . . 1.745 (70.28%)
Intermediate 0.75 to 1.76 . 1.23 (52.48%) .
Short 1.76 to 1.51 1.61 (40.00%) . .