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 2.05 to 4.04 . 3.161 (44.17%) .
Intermediate 4.04 to 3.1 . 3.5 (42.55%) .
Short 3.94 to 3.1 . 3.5 (47.62%) .