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 0.17 to 0.774 0.58 (32.12%) . .
Intermediate 0.498 to 0.774 . . 0.58 (70.29%)
Short 0.56 to 0.8268 0.745 (30.66%) . .