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 1.78 to 4.56 3.87 (24.82%) . .
Intermediate 2.09 to 4.56 3.87 (27.94%) . .
Short 4.56 to 3.64 . . 4.52 (95.65%)