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 2.6 to 1.07 . 1.92 (55.56%) .
Intermediate 1.21 to 1.85 . . 1.4 (70.31%)
Short 1.4 to 1.92 1.77 (28.85%) . .