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 5.44 to 0.957 1.55 (13.23%) . .
Intermediate 2.23 to 0.957 . 1.55 (46.58%) .
Short 1.57 to 0.957 . . 1.55 (96.74%)