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 1.42 to 4.14 . . 2.13 (73.90%)
Intermediate 1.5 to 4.14 . . 2.13 (76.14%)
Short 2.12 to 2.72 . . 2.36 (60.00%)