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 4.79 to 2.02 2.62 (21.66%) . .
Intermediate 2.34 to 2.62 . . 1.0199 (571.46%)
Short 2.55 to 1.52 1.66 (13.59%) . .