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 1.26 to 2.08 1.9284 (18.49%) . .
Intermediate 1.4 to 2.08 1.9284 (22.29%) . .
Short 1.85 to 2.25 2.15 (25.00%) . .