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 0.78 to 1.225 1.195 (6.74%) . .
Intermediate 0.895 to 1.225 1.195 (9.09%) . .
Short 0.99 to 1.225 1.195 (12.77%) . .