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 0.1701 to 1.01 . 0.67 (40.48%) .
Intermediate 1.01 to 0.65 . . 4.89 (1177.78%)
Short 0.8 to 3 2.55 (20.45%) . .