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 2.05 to 0.9216 1.37 (39.74%) . .
Intermediate 1.27 to 0.9216 . . 1.37 (128.70%)
Short 0.9939 to 1.1 . . 1.02 (75.40%)