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 1.26 to 0.56 . . 1.13 (81.43%)
Intermediate 0.6854 to 1.13 1 (29.24%) . .
Short 0.745 to 1.13 1 (33.77%) . .