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 1.75 to 0.681 1.05 (34.52%) . .
Intermediate 1.07 to 0.733 . . 0.9799 (73.26%)
Short 1 to 0.85 0.91 (40.00%) . .