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 11.6 to 0.1 1.37 (11.04%) . .
Intermediate 4.174 to 0.1 1.37 (31.17%) . .
Short 2.898 to 0.1 . 1.37 (45.39%) .