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 0.97 to 1.88 . . 1.25 (69.23%)
Intermediate 1.88 to 1.24 . . 1.97 (114.06%)
Short 1.5 to 1.24 . . 1.97 (280.77%)