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 to 10.2 8.76 (14.12%) . .
Intermediate 3.01 to 10.2 8.76 (20.03%) . .
Short 5.7 to 10.2 8.76 (32.00%) . .