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 3.79 to 1 . 2.21 (43.37%) .
Intermediate 1.07 to 2.55 . . 1.37 (79.73%)
Short 1.22 to 2.55 . . 1.37 (88.72%)