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 14.1 . . 4.4 (68.79%)
Intermediate 12.7 to 7.2 . . 12.01 (87.45%)
Short 7.7 to 9.5 . . 4.4 (283.33%)