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 2.72 to 4.12 . 3.34 (55.71%) .
Intermediate 3.16 to 4.12 . . 3.34 (81.25%)
Short 4.12 to 3.34 . 3.69 (44.87%) .