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 5.6 to 0.27 0.9 (11.82%) . .
Intermediate 1.98 to 0.27 0.9 (36.84%) . .
Short 0.28 to 0.9 . 0.56 (54.84%) .