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 1.11 to 3.88 3.55 (11.91%) . .
Intermediate 1.19 to 3.88 3.55 (12.27%) . .
Short 2.7 to 3.88 3.55 (27.97%) . .