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 8.74 to 1.19 . . 30.79 (392.05%)
Intermediate 7.21 to 1.19 . . 30.79 (491.69%)
Short 1.19 to 30.79 29.36 (4.83%) . .