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 3.6 to 12.38 . 8.48 (44.42%) .
Intermediate 6.86 to 12.38 . . 8.48 (70.65%)
Short 12.38 to . . 8.76 (70.76%)