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 9.3 to 3.77 . . 8.62 (87.70%)
Intermediate 3.77 to 9.18 . . 4.72 (82.44%)
Short 9.18 to 4.66 5.02 (7.96%) . .