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 4.03 to 2.18 2.66 (25.95%) . .
Intermediate 3.14 to 2.18 . 2.66 (50.00%) .
Short 2.18 to 2.74 . 2.49 (44.64%) .