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 2.3 to 0.529 0.9133 (21.70%) . .
Intermediate 0.529 to 0.9133 . . 0.4139 (129.95%)
Short 0.8746 to . 0.4102 (46.90%) .