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 4.02 to 1.63 . 2.65 (42.68%) .
Intermediate 1.95 to 2.67 . . 1.8 (120.83%)
Short 2 to 2.67 . . 1.8 (129.85%)