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 0.61 to 4.35 . 2.48 (50.00%) .
Intermediate 3.39 to 2.48 . . 3.22 (81.32%)
Short 2.6 to 3.19 . . 2.7 (83.05%)