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 1.79 to 0.13 . . 40 (2401.81%)
Intermediate 0.13 to 0.8368 . . 0.236 (85.00%)
Short 0.236 to 43.8 39.05 (10.90%) . .