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 3.34 to 1.06 . 2.25 (52.19%) .
Intermediate 3.29 to 1.06 . 2.25 (53.36%) .
Short 1.06 to 2.25 1.93 (26.89%) . .