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 1.2 to 2.99 . . 1.9 (60.89%)
Intermediate 2.99 to . . 1.91 (63.88%)
Short 2.55 to 1.97 2.08 (18.97%) . .