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 4.25 . 3.49 (46.06%) .
Intermediate 3.27 to 4.25 . . 3.49 (77.55%)
Short 4.25 to 3.47 . 3.84 (47.44%) .