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 4.03 to 1.65 . . 3.25 (67.23%)
Intermediate 1.78 to 3.25 2.88 (25.17%) . .
Short 1.83 to 3.25 2.88 (26.06%) . .