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 0.9 to 2.25 . 1.67 (42.96%) .
Intermediate 1.26 to 2.25 . 1.67 (58.59%) .
Short 2.25 to 1.7 1.88 (32.73%) . .