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 2.9 to 5.55 . . 3.49 (77.74%)
Intermediate 3.02 to 5.55 . . 3.49 (81.42%)
Short 5.55 to 3.49 3.84 (16.99%) . .