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 to 10.48 . . 1.86 (82.25%)
Intermediate 1.2 to 10.48 . . 1.86 (92.89%)
Short 4.01 to 1.461 2.1182 (25.78%) . .