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 1.46 to 2.68 2.54 (11.48%) . .
Intermediate 1.81 to 2.68 2.54 (16.09%) . .
Short 1.97 to 2.68 2.54 (19.72%) . .