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 3 to 0.599 . . 3.22 (109.16%)
Intermediate 1.67 to 0.599 . . 3.22 (244.72%)
Short 0.599 to 3.6 3 (19.99%) . .