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 0.9233 to 1.69 1.445 (31.96%) . .
Intermediate 1.18 to 1.69 . 1.445 (48.04%) .
Short 1.69 to 1.44 . . 1.65 (84.00%)