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 3.2 to 1.25 1.54 (14.87%) . .
Intermediate 2.82 to 1.25 1.54 (18.47%) . .
Short 1.69 to 1.25 . . 1.54 (65.91%)