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 0.76 to 0.261 0.433 (34.47%) . .
Intermediate 0.433 to 0.279 . . 0.38 (65.58%)
Short 0.42 to 0.279 . . 0.38 (71.63%)