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 1.15 to 32.17 . . 2.44 (95.84%)
Intermediate 1.15 to 32.17 . . 2.44 (95.84%)
Short 32.17 to 6.78 11.86 (20.01%) . .