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 1.49 to 2.49 . . 1.58 (91.00%)
Intermediate 2.42 to 1.57 . . 2.24 (78.82%)
Short 1.71 to 2.29 . . 1.76 (91.38%)