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 3.69 to 8.33 6.67 (35.78%) . .
Intermediate 4.3 to 8.33 . 6.67 (41.19%) .
Short 8.33 to 6.67 . . 7.91 (74.70%)