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 2.496 to 0.5263 . . 2.25 (87.51%)
Intermediate 2.4 to 1.28 . 1.88 (53.57%) .
Short 1.28 to 1.73 . 1.5 (51.11%) .