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 2.11 to 4.99 . 3.79 (41.67%) .
Intermediate 2.2 to 4.99 . 3.79 (43.01%) .
Short 4.95 to 3.79 4.1 (26.72%) . .