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 4.18 to 0.9842 1.74 (23.65%) . .
Intermediate 0.9842 to 1.74 . . 1.25 (64.83%)
Short 1.74 to 1.25 1.36 (22.45%) . .